SIRE LAUNCHES AVAULT

Summary from the TLDR Crypto newsletter

Sire is rolling out aVault, an automated USDC trading vault powered by its AI agents, offering passive exposure to sports and market strategies. Users deposit USDC to receive αVault units whose value tracks performance, with early internal tests showing +137% ROI on $10K over ~2 months. Fees include a 2% management charge, a 20% performance fee (dropping to 10% for large $SIRE stakers), and a 2% withdrawal fee (100% of which goes to stakers). The launch began on October 16 with three phases, prioritizing $SIRE holders (25K+ first, 1K+ next, then open to all). The system's high-water mark ensures users pay fees only on new profits, while stakers share in vault success and future buybacks.