cap
  • Cap Overview
  • Problem: Self-Consuming Yield
  • Alternative Stablecoins
  • Solution: CAP
  • Sources of Yield
  • Product Overview
    • CAP Stablecoins
    • Operator Yield
    • Implicit & Explicit Safety
    • Shared Security Model
  • Resources
    • Helpful links
    • FAQs
    • General Risk Disclosures
Powered by GitBook
On this page
  1. Product Overview

CAP Stablecoins

PreviousSources of YieldNextOperator Yield

Last updated 5 months ago

Differentiating stablecoin types

There are many types of stablecoins, and they all package different value propositions. What CAP offers is the yield of multiple concurrent strategies, which are protected by economic security. The main risk is the ability of the system to slash malicious actors when needed.

Below are examples of other types of stablecoins, and their risks.

CAP stablecoins

Each denomination of stablecoin at CAP will have two forms: interest-bearing, and non interest-bearing. The former will earn yield from agent strategies & grow with that value, while the later will be pegged to its denomination. Users will be able to easily convert between these two forms. Having both versions of each will maximize integration capabilities with other projects.

Denominations

Stablecoins are any tokens that follow the price of other assets. They can be pegged to fiat currencies, arbitrary RWA assets, and even other cryptocurrencies. CAP stablecoins will come in various denominations, such as USD, BTC, and ETH. That is to say, CAP stablecoins will follow the price of those assets. This will allow users the freedom of directional exposure, depending on their preferences.