Base Sepolia · Testnet

Unlock USDC from your creator token.

Creator tokens are sold at opening. Realized USDC secures senior lenders, while junior underwriters cover capped synthetic upside.

Explore borrowing Read the protocol docs

Sale proceeds measured by balance delta

Senior priority on default

Time-limited synthetic position

Explicit coverage cap and settlement paths

Illustrative position

30 days

Creator token sold

125,000 TOKEN

Sale reserve

8,400 USDC

Loan principal

5,040 USDC

Coverage cap

12,600 USDC

Junior coverage

4,200 USDC

If full buyback costs more than the coverage cap, the borrower must top up or accept a partial capped settlement.

One protocol, three sides

Liquidity with an explicit risk waterfall.

Borrow

Turn realized value into liquidity

Your creator tokens are sold at opening. The realized USDC is isolated as position reserve before a senior loan is originated.

Lend

Fund the senior USDC vault

Supply native USDC on Base and earn borrower interest, with withdrawals constrained by actually available liquidity.

Underwrite

Cover capped upside by epoch

Junior capital earns premium and downside PnL, while accepting defined losses if creator tokens appreciate.

Network

84532

Base Sepolia

Senior liquidity

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Read from the deployed vault

Open positions

Verified deployment active

Mainnet

Disabled

Launch gates required

Understand before acting

A capped synthetic is not guaranteed redemption.

Liquidity can disappear. Smart contracts can fail. Junior capital can be lost. The protocol exposes the cap, debt, settlement route and maximum top-up before signing.

Review all risks