How POD works with Avalanche
POD's tokenised share register and administration workflow run on a private, AvaCloud-managed Avalanche L1 with its own validator set. The register is the ledger: subscriptions mint units, redemptions burn them, and the administrator's NAV and fee calculations run against the same record, which removes register-to-ledger reconciliation and is what makes daily NAV and atomic settlement practical for a small fund.
The chain is infrastructure, not a product. Units are not tradable tokens, investor-to-investor transfers are disabled, holdings are custodial, and investors never interact with the chain directly.