Overview

Cap consists of the six main modules:

  1. Vault: Stores reserve assets and issues cUSD tokens, providing liquidity to Lender

  2. Lender: Handles borrowing, repayment, liquidation, and interest calculations

  3. Fee Auction: Converts generated yield and fees to cUSD via a Dutch auction

  4. Delegation:Connects to shared security networks for delegated collateral, rewards, and slashing

  5. Oracles: Price oracles for asset valuation and rate oracles for interest calculations

  6. Access Controls: Function-level granular access controls across all protocol operations

PreviousSymbioticNextVault

Last updated