Your organization’s Turnkey authority creates and configures its MicroVaults. You can export an individual vault to another EOA or ERC-1271 authority, after which Ground no longer manages it.
The shareholder allowlist is stored onchain as a Merkle root, a compact commitment to the approved wallet addresses. A wallet supplies a proof against the active root when subscribing or receiving shares. See Manage shareholders for the update procedure.
A vault authority may delegate specific operations to a manager. Each delegation can limit the operation, source, amount, allocation range, redemption permissions, and validity period.
NAV per share reflects the vault’s idle assets, yield-source positions, in-flight operations, and redemption liabilities. It determines how many shares a subscription receives and how much base asset a redemption returns.