CAP is a stablecoin engine to break users free from the cycle of endogenous models. CAP’s stablecoin engine will produce redeemable stablecoins of various denominations, such as USD, BTC, and ETH. Their goal will be to democratize access to what was previously only available to a few sophisticated and already-wealthy actors. This includes the deepest wells of yield, such as arbitrage, MEV, and RWAs.
Axelar is a decentralized cross-chain communication network, aiming to level-up interoperability in Web3 by connecting heterogeneous blockchains and enabling asset mobility and program composability in an optimized way for both builders and end-users. The two layers of Axelar are the network and the API above it. At the core of Axelar is a permissionless overlay network that provides Turing-complete cross-chain communication through proof-of-stake and permissionless protocols. On top of the network are APIs and protocols, an application-development layer that developers use to compose across any number of chains. Once integrated, all new interconnected blockchains become interoperable with the application, resulting in limitless network effects.
