Skip to content

Conversation

@0xpanicError
Copy link

@0xpanicError 0xpanicError commented Dec 25, 2025

This PR adds a new Draft Standards Track ERC, "Series Accounting for Incentivized Vaults" which aims to standardize the traditional hedge fund accounting method for DeFi vaults.

The proposal explains why existing fee structures for incentivized vaults (vaults that collect performance fees) are not accurate for all async RWA vaults and outlines the specifications on how to implement "Series Accounting" to mitigate these issues along with a reference implementation.

Discussions on this proposal can be found here: https://ethereum-magicians.org/t/erc-8113-series-accounting-for-incentivized-vaults/27306

@eip-review-bot
Copy link
Collaborator

eip-review-bot commented Dec 25, 2025

File ERCS/erc-8113.md

Requires 1 more reviewers from @g11tech, @SamWilsn, @xinbenlv

ERCS/erc-tba.md Outdated

## Reference Implementation

See: [Aleph-Finance](https://github.com/AlephFi/smart-contracts/tree/bac9163538afb2d024bb91b25d4a14aa16d18e48)
Copy link
Contributor

Choose a reason for hiding this comment

The reason will be displayed to describe this comment to others. Learn more.

Please note: ERCs are application standards and not for marketing or promotional purposes.

Copy link
Author

Choose a reason for hiding this comment

The reason will be displayed to describe this comment to others. Learn more.

Of course. For full disclosure, I no longer work at this project and I believe the work done here should be standardised across DeFi because of which I'm raising the PR.

If you believe the reference implementation section does not portray this would you recommend removing it?

@@ -0,0 +1,124 @@
---
Copy link
Contributor

Choose a reason for hiding this comment

The reason will be displayed to describe this comment to others. Learn more.

Suggested change
---
---
eip: 8113

Assigning next sequential EIP/ERC/RIP number.
Numbers are assigned by editors & associates.

Please also update the filename.

Copy link
Author

@0xpanicError 0xpanicError Dec 26, 2025

Choose a reason for hiding this comment

The reason will be displayed to describe this comment to others. Learn more.

Thanks ser, it's done

ERCS/erc-tba.md Outdated
title: Series Accounting for Incentivized Vaults
description: A standard to implement Series Accounting method for collecting performance fees in ERC-7540 type vaults.
author: Yash Saraswat (0xpanicError)
discussions-to: https://ethereum-magicians.org/t/erc-tba-series-accounting/27306
Copy link
Contributor

Choose a reason for hiding this comment

The reason will be displayed to describe this comment to others. Learn more.

Suggested change
discussions-to: https://ethereum-magicians.org/t/erc-tba-series-accounting/27306
discussions-to: https://ethereum-magicians.org/t/erc-8113-series-accounting-for-incentivized-vaults/27306

Updated with assigned number and current title.

Please note: Discussions topic doesn't need to be (and is best not to) be a copy of the ERC text, as it will likely diverge. Better to just have a link to the ERC (currently this PR)

Copy link
Author

Choose a reason for hiding this comment

The reason will be displayed to describe this comment to others. Learn more.

Thanks ser, updated the discussion topic to include the link to this PR.

@github-actions github-actions bot added w-ci and removed w-ci labels Dec 26, 2025
@github-actions
Copy link

The commit 2c6c550 (as a parent of d3bbc5f) contains errors.
Please inspect the Run Summary for details.

@github-actions github-actions bot removed the w-ci label Dec 26, 2025
@0xpanicError
Copy link
Author

Hey guys, @g11tech, @SamWilsn, @xinbenlv

Can anyone approve my PR so it can be merged as a draft ERC? Thanks

@0xpanicError 0xpanicError requested a review from abcoathup January 5, 2026 15:54
Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment

Projects

None yet

Development

Successfully merging this pull request may close these issues.

3 participants