Onchain Deposit Flow

Sova enables a fully auditable, on-chain path for deposits, offering transparency from wallet to real-world deployment.

1. Deposit to Strategy Contract

You begin by sending BTC or USDC directly into a Sova strategy vault via your wallet.

• All assets are held in a secure smart contract

• Your deposit position is tracked on-chain and safeguarded through Sova's custody infrastructure

2. tRWA Token Issuance

In return, you receive tRWA tokens, which represent your proportional share of the fund’s Net Asset Value (NAV).

• These tokens accrue value as the underlying off-chain strategy generates yield

• The number of tokens remains constant; the redeemable value increases over time

3. Issuer Withdrawal

Once your deposit is confirmed, the strategy contract allows the licensed issuer to withdraw the funds into their on-chain wallet.

• This step is logged and permissioned

• Assets are prepared for conversion and offboarding

4. Off-Ramping to TradFi

The issuer off-ramps the funds via OTC desks or centralized exchanges (CEX), converting them into fiat.

• Fiat is then deployed into traditional financial strategies (e.g. treasuries, private credit)

• These investments are managed by an institutional Yield Curator