# Trilobyte Protocol

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

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**Trilobyte is currently in active development on Stellar Testnet.** Smart contracts are undergoing auditing and are not yet deployed on mainnet.
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## 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="overview/what-is-trilobyte" %}
[what-is-trilobyte](https://docs.trilobyte.finance/overview/what-is-trilobyte)
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{% content-ref url="overview/how-a-loan-works" %}
[how-a-loan-works](https://docs.trilobyte.finance/overview/how-a-loan-works)
{% endcontent-ref %}

{% content-ref url="user-guides/for-investors" %}
[for-investors](https://docs.trilobyte.finance/user-guides/for-investors)
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{% content-ref url="user-guides/for-pool-managers" %}
[for-pool-managers](https://docs.trilobyte.finance/user-guides/for-pool-managers)
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{% content-ref url="technical-documentation/architecture" %}
[architecture](https://docs.trilobyte.finance/technical-documentation/architecture)
{% endcontent-ref %}