> For the complete documentation index, see [llms.txt](https://docs.trilobyte.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.trilobyte.finance/readme.md).

# Trilobyte Protocol

> Real-world businesses borrow working capital; investors earn yield on incoming cash flows.

{% hint style="info" %}
**Trilobyte is currently in active development on Stellar Testnet.** Smart contracts are undergoing auditing and are not yet deployed on mainnet.
{% endhint %}

## What is Trilobyte?

Trilobyte is a **decentralised lending protocol** built on Stellar's [Soroban](https://soroban.stellar.org/) smart contract platform. It connects businesses that need working capital with investors who want transparent, yield-bearing exposure to real-world cash flows.

Each loan is represented by a **Vault** — a smart contract that manages the full lending lifecycle from fundraising to repayment. Pool Managers underwrite and structure loans, while investors fund them and earn yield from the borrower's periodic repayments.

## How It Works

1. A **Pool Manager** evaluates a business and structures a loan
2. **Investors** fund the loan by depositing into the Vault
3. The **Borrower** receives the capital and makes periodic repayments
4. **Investors** earn yield from the borrower's repayments

## Key Features

* **On-chain transparency** — Every deposit, payment, and claim is recorded on Stellar
* **SEP-41 debt tokens** — Investors receive non-transferable tokens representing their share of the vault
* **Manager accountability** — Pool managers stake collateral that gets slashed on default
* **Flexible terms** — Interest rate, loan term, split ratio, and deadlines are all configurable
* **Timelock governance** — Critical protocol changes go through a time-delayed governance process
* **Built on OpenZeppelin** — Access Control, Pausable, Upgradeable, and FungibleToken modules

## Quick Links

{% content-ref url="/pages/BO0jwYHMKw70MCbWIMev" %}
[What is Trilobyte?](/overview/what-is-trilobyte.md)
{% endcontent-ref %}

{% content-ref url="/pages/pUXNhyP7BZvrtwxylhfm" %}
[How a Loan Works](/overview/how-a-loan-works.md)
{% endcontent-ref %}

{% content-ref url="/pages/hESn6qYYznXU1AzbDRYm" %}
[For Investors](/user-guides/for-investors.md)
{% endcontent-ref %}

{% content-ref url="/pages/oD1fHVZhSbqL2HjWunpa" %}
[For Pool Managers](/user-guides/for-pool-managers.md)
{% endcontent-ref %}

{% content-ref url="/pages/IMAjfTm4YFFh68HCfZCC" %}
[Smart Contract Architecture](/technical-documentation/architecture.md)
{% endcontent-ref %}