Direct Deposit Flow

For certain strategies, Sova Prime supports a direct deposit route. This allows faster off-chain processing by sending funds directly to the issuer while still maintaining on-chain transparency.

1. Direct Transfer to Issuer Wallet

• You send your deposit (BTC) directly to the issuer’s wallet

• BTC is wrapped into sovaBTC or converted via regulated off-ramp partners

• The issuer assumes custody immediately, enabling faster off-chain deployment

• This route bypasses the smart contract queue, designed for time-sensitive strategies

2. Off-Ramping & Capital Deployment

• The issuer off-ramps funds via regulated OTC desks or exchanges

• Capital is deployed into real-world strategies such as:

  • Short-duration credit

  • U.S. Treasuries

  • Yield-generating private market assets

• Deployment and portfolio management are handled by a Yield Curator operating within regulated TradFi environments

3. Token Minting & NAV Synchronization

• Once deployment is confirmed, the issuer notifies the Sova Prime vault contract

• The contract mints spBTC (or spBTCx in SovaX) to your wallet

• Tokens reflect your proportional ownership of the vault’s Net Asset Value (NAV)

• NAV accrues automatically as strategies earn yield — no manual claiming required

Key Insight Even though the deposit is routed directly to the issuer, your position is fully synchronized on-chain through spBTC/spBTCx. This ensures transparency, auditable ownership, and alignment between off-chain deployment and on-chain accounting.