01 / 04
Your loan is public.
On a transparent chain anyone can read your collateral, your debt and exactly how close you are to liquidation.
FHE-ready money markets · BSC
BSC PREVIEW · CONTRACTS NOT CONFIGURED
Private positions, by design.Public market accountability.
Lend and borrow on BSC with an Aave V4-inspired hub-and-spoke design, built for FHE privacy. BSC visual preview. Contracts not configured.
- Chain
- 56 · mainnet
- Contracts
- NOT CONFIGURED
- Privacy
- FHE privacy · dual mode
§01 — The problem
Privacy—
is a solvency
problem.
02 / 04
That is a target.
Visible thresholds invite liquidation hunting and copy-trading. Treasuries and funds stay away.
03 / 04
Privacy can't break solvency.
Hiding positions is worthless if liquidations stop working. The market must stay auditable.
04 / 04
So the design encrypts the position, not the market.
Collateral and debt are designed to become ciphertext once FHE ships. Totals, rates, oracles and curator actions stay public.
Veilbook · Veilbook · Veilbook
§02 — Veilbook
Ciphertext
in. Solvency
out.
The design encrypts the borrower, not the market. Toggle the view to see what an observer would get once FHE privacy mode ships — today every field is public.
- Collateral0x9f3a…c41e
- Liquidation threshold80% (public)
- Debt0x07bd…e902
- Health Factorebool → solvent
Example from the brief. Not live — positions are public until FHE support reaches this chain.
What an observer seesTodayTarget
- Assets, risk params, caps, ratesPublicPublic
- Oracle price, timestamp, validityPublicPublic
- Market totals & utilizationPublicPublic
- Wallet address & action timingPublicPublic
- ERC-20 transfer amountsPublicPublic
- Your collateral amountPublic◆ Encrypted
- Your debtPublic◆ Encrypted
- Your Health FactorPublic◆ Authorized only
- Liquidation eligibilityPublic◆ Minimum signal
§03 — Ironclad
One number
decides
liquidation.
HF = collateral × LT ÷ debt.
Below 1.00, the forge takes it.
Illustration only. Live markets use curator-set parameters, oracle prices and accrued interest, computed in fixed-point with debt rounded up and collateral rounded down.
HF = ($10,000 × 80%) ÷ $5,000
Health Factor
1.60
Healthy
01.00 liquidation23+
Collateral would have to fall 37.5% before this position becomes liquidatable.
§04 — The stack
Six modules.
One forge.
Status is what exists in this repository — not a roadmap. Click a tag to read it.
§06 — Contracts
Verify, don't trust.
Every contract this app talks to, per network. Switch networks and the list follows; each address links straight to the block explorer.
BSC · 0 contracts · not audited · public mode
- BSC contracts are not configured. No lending, borrowing or deposits are available in this preview.