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MicroVault shares remain in shareholder wallets. Your organization’s Turnkey authority controls vault configuration until you export the vault. Ground can pay gas only for actions that authority or an installed delegate has authorized. Manager delegations can limit the permitted operation, source, amount, allocation range, redemption permissions, and validity period. Rotating the vault authority or revoking a delegation invalidates the old permission. Only admitted yield sources can receive vault assets. Their contracts and upgrade controls are part of the vault’s risk profile. Emergency controls can pause deposits, withdrawals, transfers, source entry, or source exit while still allowing completed claims and authority rotation.