Capella Features

Features reflecting the cryptocurrency category's accepted standard and that enable proper interoperability between our platform and others.

  • Non-Custodial: Assets are deposited to and deployed automatically via smart contracts. Users always maintain 100% ownership of their funds and can retrieve them at any time.

  • Trustless: Assets are algorithmically deployed through the specifications laid out by Capella pool strategy smart contracts.

  • Permissionless: No signup, whitelisting, account verification, or otherwise is required to participate in the Capella ecosystem.

  • Censorship Resistant: Users can always interact with the smart contracts directly, which fundamentally cannot be taken down or tampered with.

  • Open Source: Any developer is welcome to build with Capella Finance. In fact, it's highly encouraged and heavily incentivized.

  • Fraud Resistant: The qualities listed above position Capella's ecosystem to minimize the risk of fraudulent activity typically associated with bordered, custodial, trusted, permissioned, closed source, and censored platforms.

  • Simple, Easy-to-use: Capella's user interface was designed to be as seamless as possible. One-click deposit and withdrawals plus mechanisms for portfolio tracking and miscellaneous Capella Finance metrics.

DeFi Primitives

Features representing the mechanics of the DeFi products offered as part of Capella.

  • Liquidity Pools: Liquidity Pools collect a particular asset (ETH, WBTC, USDC, others) via user deposits and deploy the capital to other DeFi platforms as outlined by the Hybrid pool's active strategies. Yield accrued by these strategies are used to buy back more of the deposit asset, which is delivered to pool participants.

  • Staking Pool: Token holders can deposit CAPE to the Governance Staking Pool. Revenue generated across all Capella Finance products is used to payback Liquidity Pool Tokens to CAPE Stakers. These tokens are delivered to the staking pool, where depositors earn interest proportionate to the size of their CAPE deposit.

All Tokens

Features reflecting all tokens in the Capella Finance ecosystem, including the CAPE governance token and the various tokenized pool shares.

  • ERC20 Standard: Industry standard for tokens on Ethereum, this enables tokens in the ecosystem to interact with the existing global DeFi ecosystem (Ex: tradeable on Uniswap).

  • EIP-712: All tokens support EIP-712 for sharing data via message signing. This is an important component of gas-less approvals.

  • EIP-2612 (Gas-less Approvals): All tokens leverage EIP-2612, which enables gas-less approvals, with the help of EIP-712. Users can send tokens to any contracts after signing an approval message, rather than having to broadcast a transaction.

  • Multi-Transfer: Inspired by Metronome, all tokens feature a mass pay functionality that enables batched payments in a single transaction.

CAPE Token

Features of the CAPE token that make it the best token to govern the Capella Finance ecosystem:

  • Voting Rights: CAPE tokens correspond to the voting weight in the Capella ecosystem, which includes deployment of reserves and approval of new strategies.

  • Delegation: Forked from Aragon, holders can delegate their CAPE voting weight to other accounts.

  • Holistic View: Capella Finance is a single-token ecosystem, with every product (new and future) interfacing with CAPE. CAPE grants voting rights that span the entire Capella umbrella and revenue generated by all products are used to pay back CAPE stakers.

Pool Strategies

Features that guide Capella Finance Liquidity Pools to be profitable, secure, and sustainable.

  • Risk Scoring: Every Liquidity Pool has a conservative/aggressive score that reflects the overall risk of the strategies employed by the pool including the security of third-party protocols interacted with, number of contract interactions, and collateralization ratios on loans (if applicable).

  • Modular: Liquidity Pool strategies can be modified to integrate additional or alternative actions as well as swapped altogether for better strategies. No action is required on the user's end and funds transition to updated strategies automatically.

  • Upgradeable: As new and better strategies are proposed within the confines of a pool's defined risk framework, those strategies can be employed without moving funds.

  • Multi-Pool: Pool assets can be deployed across 3 strategies, with any chose percentage allocated to a strategy (e.g. Allocating 40% to Stable Pool , 40 % - Coin Pool and 20% - Dex Pool)

    • Upgrades: Upgrades utilize the multi-pool feature to execute a rolling transition from an old strategy to a new one. (Ex: Start with 1%/99% new/old, then 5%/95%, etc. up the staircase until 100%/0%.)

    • Developer Strategies: A pool can support an unlimited number of strategies. Therefore, developers may spread funds across n pools as a way of testing their strategy.

Web3 UI

Features pertaining to the Capella Finance frontend to enable a more seamless experience for users.

  • Multi-lingual Support: Like our pool strategies, website content is modular, and users can interact with Capella in their native language. As more translations are compiled, they can similarly be added alongside available translations.

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