Account

Vaults and note consolidation

One identity, separate shielded buckets for savings, trading, business and spending, plus the background housekeeping that keeps proofs fast.

Status: pre-launch. Noirpay is being built. This page describes the design as specified in the whitepaper; nothing on it is live on Robinhood Chain yet, and details can change before launch. See What's live today.

Vaults

A vault is a sub-account under your spending key: a separate bucket of notes with its own name, balance, yield setting, card binding and spending policy. Typical layout:

VaultUseYieldCard
SavingsLong-term USDGAllocated, auto-sweep onNo
TradingTokenized stocks and DCAPer positionNo
BusinessInvoices in, expenses outAuto-sweep above a floatBound
SpendingDay-to-dayOffBound

Moving money between vaults is an internal transfer inside the pool: nothing is visible on-chain.

A business account has vaults too, with role-based policies on top.

Note consolidation

A balance made of many small notes is slow to spend: a proof has to open each note, and fees grow with the count. Noirpay consolidates in the background, merging small notes into larger ones when the account is idle, so:

  • proofs stay fast on a phone;
  • fees stay low;
  • a withdrawal draws from consolidated notes, which also helps time decorrelation.

Consolidation is a self-transfer inside the pool. The chain sees a proof was verified; it doesn't learn the account.