Vaults

Custody

When the Ledger deposits a veNFT, the Vault receives it and immediately calls Mezo depositManaged into the variant’s managed position. Inventory token ids are tracked per tranche.

Accounting

• Per-tranche enumerable inventory of custodied token ids
• One VeNftManager + RewardSink pair per variant (e.g. avBTCm, avMEZOm)

Settlement / release

• BTC — may split veNFTs to satisfy exact redeem amounts
• MEZO — releases discrete selected token ids