Skip to main content

Documentation Index

Fetch the complete documentation index at: https://docs.stratareserve.co/llms.txt

Use this file to discover all available pages before exploring further.

In Strata, a deal is not just a database object, a fundraising container, or a marketplace listing. A deal is a coordinated ownership state transition — issuance, compliance, settlement, and servicing all move together through deterministic lifecycle phases.

​
The canonical lifecycle

Every deal archetype moves through the same high-level lifecycle. Different archetypes extend it in different ways, but the backbone is shared:
1

Draft

The structure, compliance posture, and economic terms are defined. The deal describes a future ownership state before any capital moves.
2

Structured

Documents are prepared, treasury is configured, and the deal becomes operationally executable.
3

Onboarding

Investor identity verification (KYC), accreditation, and participation coordination. Eligibility is verified against the deal’s compliance rules.
4

Execution

Documents are executed (e-signature), participations are finalized, and go-live readiness is derived from the deal’s state.
5

Funding

Capital is committed and funded into the vehicle.
6

Settlement Confirmed

Settlement coordination completes and finality is recorded.
7

Issued

Ownership instruments are issued / minted to participants.
8

Active

The vehicle is live and servicing (distributions, reporting).
9

Transferable / Collateralized

Positions become transferable or usable as collateral, where the structure permits.

​
Why a deterministic lifecycle matters

Traditional capital markets coordinate ownership transitions through fragmented workflows, disconnected ledgers, and manual servicing. Strata replaces this with deterministic lifecycle transitions: each phase has explicit entry conditions, and the system derives readiness rather than relying on out-of-band sign-off.
Each transition is gated. A deal cannot reach Execution without satisfying the Onboarding compliance requirements, and cannot reach Issued without confirmed settlement. Readiness is computed from state, not asserted by a user.

Who drives each phase

Operators, managers, investors, and treasury / compliance actors each have role-scoped responsibilities across the lifecycle.