> For the complete documentation index, see [llms.txt](https://trovefi.gitbook.io/trovefi-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://trovefi.gitbook.io/trovefi-docs/get-started/overview.md).

# Overview

TroveFi is the **world’s first non-custodial strategy vault platform** built on **MegaETH** — a high-performance EVM chain with **1ms block times**, **100k+ TPS**, and **near-zero MEV**.

#### **What is TroveFi?**

TroveFi enables **proven traders to launch verifiable strategy vaults** and lets **anyone deposit** to earn from their performance.

| Role           | Function                                                                                                       |
| -------------- | -------------------------------------------------------------------------------------------------------------- |
| **Managers**   | Pass the **$100K → $200K Challenge** → deploy public vaults → execute strategies via execute(target, calldata) |
| **Depositors** | Deposit USDC/ETH → receive ERC-4626 shares → earn minimum **94% of profits**                                   |
| **Platform**   | Enforces HWM, takes up to **1% fee**, funds $TROVE rewards, insurance, audits                                  |

#### **Key Differentiators**

| Feature             | TroveFi                                             | Others                 |
| ------------------- | --------------------------------------------------- | ---------------------- |
| **Execution Speed** | 1ms blocks (MegaETH)                                | 1–12s (L2s)            |
| **MEV Resistance**  | Private mempool + fair sequencing                   | Vulnerable             |
| **Access Gate**     | **On-chain Challenge** (simulated spot trading)     | KYC, whitelist, resume |
| **Fee Model**       | up to &#x36;**% profit** (5% manager / 1% platform) | 2–3% + AUM             |
| **Privacy**         | **Private Vaults** (0% fee, hidden)                 | None                   |
| **Proof System**    | Hourly on-chain logs + Merkle proofs                | Off-chain dashboards   |

#### **Why TroveFi?**

Traditional hedge funds:

* Require $1M+ AUM
* Take 2-and-20
* Hide performance

**TroveFi flips the script**:

1. **Prove alpha** in the Challenge → launch vault in **<5 minutes**
2. **Earn from day one**: up to 5% of profits (no salary needed)
3. **Scale with tiers**:
   * **Tier 1**: < $1M TVL → 0.5% fee
   * **Tier 2**: $1M–$10M → 1% fee + Dune Pro
   * **Tier 3**: > $10M → 2% fee + zk-KYC + revenue share
   * **Tier 3**: > $30M → 5% fee + zk-KYC + revenue share

#### **Revenue & Sustainability (at $100M TVL)**

**TBC (to be calculated)**

| Source                | Revenue |
| --------------------- | ------- |
| Public Vaults (1%)    | **TBC** |
| Flash Vaults (3%)     | **TBC** |
| Pro Tier ($199/mo)    | **TBC** |
| Insurance (50% of 1%) | **TBC** |
| **TOTAL**             | **TBC** |

> **10% of platform revenue** → **Genesis NFT stakers** (1,000 cap)

#### **Ecosystem at a Glance**

| Component             | Description                      | Fee                           |
| --------------------- | -------------------------------- | ----------------------------- |
| **Public Vaults**     | Manager-run, open to all         | up to 6% of profit            |
| **Private Vaults**    | Personal, hidden, 0% fee         | 0% + $TROVE stake             |
| **TroveFi Buckets**   | One Click Portfolio Diversifying | 0%                            |
| **Flash Vaults**      | 48h high-conviction plays        | 3% platform                   |
| **Manager Challenge** | Simulated spot trading           | Free (fail = 30-day cooldown) |

***

**Ready to start?** → **Connect Wallet** and explore vaults in under 60 seconds.
