LegacyVault Utilization
Platform Benefits
For Asset Owners (The "Proactive" Hodler)
LegacyVault provides peace of mind that your digital assets will never be lost.
Intermediary-Free Protection
Problem: "If I have an accident tomorrow, no one knows my private key."
Solution: Set a "Heartbeat" (e.g., 6 months). As long as you
ping, your assets are safe. If not, they are automatically transferred.
Passive Income (Yield)
Your assets don't just sit idle. Funds stored in the Vault automatically enter the Lending Pool.
Enjoy 1% compound interest (simulated) calculated in real-time by the Rust smart contract.
Full Flexibility
Deposit or Withdraw funds anytime while you are alive (Status: Active).
For Beneficiaries
LegacyVault turns the complex inheritance process into a single button click.
Claiming Without Bureaucracy
Problem: Inheritance courts take months and cost a fortune.
Solution: Once the timer expires, the
Claimbutton becomes active. No lawyers, no notaries needed.
Receive More
Beneficiaries receive Principal + Accumulated Interest. The inheritance grows over time.
For the Ecosystem (Developers & Network)
LegacyVault contributes to Arbitrum's technical landscape.
Stylus Demonstration: Showcases Rust's performance in handling complex state and loops.
Long-Term Liquidity: Encourages long-term asset retention (TVL) on the Arbitrum network.
Use Cases
Education Savings (Time-Lock)
User: Siti, wants to save for her child's tuition.
Action: Siti uses LegacyVault not for death, but as a disciplined locking mechanism. She sets a short timer but rarely Pings unless adding funds.
Result: Compound interest keeps running, maximizing the savings value for her child's future.
Dead Man's Switch for Journalists/Activists
User: Alex, an investigative journalist.
Action: Alex stores critical documents (as hashes on IPFS/Note) or operational funds in a Vault directed to a public address if he "disappears."
Result: If Alex is detained or cannot access the internet for 3 months, the funds/information are automatically released to the public/colleagues.
Future Integrations
LegacyVault aims to integrate with leading infrastructure:
Chainlink Automation: For automatic "Pings" or notifications when deadlines are approaching.
Lending Protocols (Aave/Compound): In the future, Yield will be sourced from external DeFi protocols (Real Yield) via contract integration, rather than just internal simulation.
Notification Service (EPNS): Sending notifications to the Beneficiary's wallet when funds are ready to claim.
