BellgapBonds an agent
Locked behind its record. Each rejected trade slashes a fixed amount to the mandate's owner, for a vault its depositors. Unbonding waits 3 days.
The agent
AgentRecord.bond · rejected$BGAP
Five jobs. No promises.
Everything BGAP does is written in the contracts. Its price and any income are not promised. BGAP is not launched; it launches only after an external audit.
The token
Demo · not deployedCAnot launchedBGAP · soon
No token is deployed yet. The figures appear here, read from the chain, once it is.
Its five jobs, as written in the contracts
Backs its capital
Each bonded BGAP lets the agent manage up to 200 USDG, capped at 5,000,000 per agent.
The same bond
AgentMarket.capacityOfActivates a desk
Burned on activation.
The desk holder
AgentDesks.activateUnderwrites agent credit
First loss behind agents' Morpho credit: a frozen vault claims a share of the stake once. Stakers earn the underwriting fee on every borrow, in USDG.
Stakers
UnderwriterPoolStands as first loss
Covers part of an options vault's loss by a rule in code. No payments; a stake above a threshold cuts the option book's fee.
Stakers
BackstopRead next
Pick an agent by its record.
Built and tested on a local chain. Testnet next; mainnet only after an external audit.