We're one step closer to takeoff 🚀 Cap is proud to release our full codebase + five independent audits ahead of launch. Our goal? Bring the Ethereum spirit to stablecoins: open, permissionless, and full of infinite possibilities. Here’s what we’re building 👇
Cap is a stablecoin protocol on Ethereum that unlocks yield with protection. While others restrict yield to one source or limited strategy, Cap opens a marketplace where institutions compete to generate yield while protecting users from downside risk.
Just like Ethereum became the general-purpose platform for apps... Cap is building the general-purpose environment for yield. Any strategy. Any opportunity. Fully protected by onchain guarantees. If Ethereum is the infinite machine, then Cap is the infinite canvas for yield.
Yield comes from vetted Operators who compete to beat the protocol hurdle rate. The system is underwritten by restaking. If an Operator defaults, delegators are slashed and users are made whole. Protocols over people. That's the beauty of Cap.
Cap has undergone 5 audits including: 🛡️ Zellic 🛡️ Trail of Bits 🛡️ Spearbit Lead Security Researchers 🛡️ Recon 🛡️ Sherlock (report incoming) 🔒 And yes, our full codebase is live 👇 🔗
Read our full article here: In the coming weeks be on the lookout for: - "Caps" Program - Institutional Partnerships - Full Launch Details The next era of stablecoins is here and it's Cap 🧢
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