Investors
For financial contributors: people and institutions who put money into the co-op's lending pool or buy its BurnerBonds. This section explains what happens to that money, what stands behind it, what can go wrong, and how anyone can check it on the chain.
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Mechanics and risks only. Nothing in this section is an offer. It sets no terms, states no returns, and makes no claim about what any contribution will earn. Who may contribute, on what terms, and the regulatory status of any contribution are not covered.
Status. The contracts have not been independently audited. The lending pool, the bonds, the bond vault, the AssurancePool and the payout pool run on Base Sepolia, a test network; none of them is on Base mainnet. Every deployed address, by network, is listed under Deployed addresses.
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More detail
The full behaviour of each contract, with every function and role, is in Protocol:
- Settlement and the float: the payout pool and the lending pool
- The reserve: the AssurancePool and its reserve ratio
- Bonds: BurnerBonds and the bond vault
- Credit: the credit ledger, carry, collateral and default
Who decides the terms, and who holds the keys to the contracts, is in Governance.