> ## Documentation Index
> Fetch the complete documentation index at: https://docs.signalite.ai/llms.txt
> Use this file to discover all available pages before exploring further.

# Accounting and Proof

> How partner apps should display share price, backing, liabilities, and reconciliation.

The partner API is responsible for aggregating the vault's backing state. Partners should not rebuild this with ad hoc browser RPC reads.

## Core accounting equation

```text theme={null}
totalAssets =
  vaultBufferUSDC
+ strategyEvmUSDC
+ coreSpotUSDC
+ corePerpUSDC
+ hlpEquity
+ bridgeInFlightAssets
- knownLiabilities
```

Share price is derived from:

```text theme={null}
sharePrice = totalAssets / totalSupply
```

## Proof buckets

`GET /api/v1/vault` should be the source for proof and reconciliation display.

| Bucket            | Meaning                                             | UI treatment                       |
| ----------------- | --------------------------------------------------- | ---------------------------------- |
| Vault buffer      | USDC currently available for instant exits          | Show as liquid buffer              |
| Strategy EVM USDC | USDC in the strategy contract on HyperEVM           | Count as backing                   |
| Core spot         | Funds routed to Core spot state                     | Count as strategy backing          |
| Core perp         | Funds in Core perp state while routing or unwinding | Count as strategy backing          |
| HLP equity        | Strategy value deployed to HLP                      | Count as yield-bearing backing     |
| Bridge in-flight  | Value currently crossing environments               | Count only if API marks it tracked |
| Liabilities       | Shares or redeem claims outstanding                 | Show in proof reconciliation       |

## Reconciliation

Partner apps should display proof as healthy only when the API reports a zero or acceptable reconciliation diff.

```ts theme={null}
const vault = await shlp.getVault();

if (vault.proof.reconciliationDiff.raw !== "0") {
  showProofWarning(vault.proof);
}
```

## What to show users

Recommended product page sections:

* sHLP share price
* Total value locked
* Available instant liquidity
* Queued redemption status
* Proof of backing
* User sHLP balance
* User pending and claimable redeems

## What not to show

Do not show share price from:

* User wallet balance alone
* Vault USDC buffer alone
* HLP headline TVL alone
* A browser-only collection of RPC reads without freshness metadata

<Tip>
  Mature yield products separate headline yield, current liquidity, proof of backing, and user position. Signalite should do the same.
</Tip>