THE NATIVE TOKEN OF
THE TERNOA ECOSYSTEM
Two security technologies. Fee-driven demand. Deflationary by design.
$CAPS powers TIP and CIFER, and serves as the settlement currency for every operation they produce. VaultBridge generates yield on every bridged position and directs a share toward permanent $CAPS supply reduction.
How $CAPS Moves
Revenue Streams
Demand for $CAPS is generated through real product usage — not inflation, not emission schedules.
TIP Verification Fees
TIP (TEE Integrity Prover) provides runtime protection for smart contracts and Web3 infrastructure. Projects pay ongoing fees in $CAPS across three distinct services.
Pricing is tiered across Standard, Premium, and Enterprise plans.
Direct Settlement Layer
Projects with high security requirements can settle directly on Ternoa — inheriting native VaultBridge yield and the full security stack. For these projects, Ternoa is the foundational layer their entire operation runs on.
Network Security
Stablecoin staking secures both networks. Bridge stablecoins onto Ternoa to get vbAssets (e.g. USDC → vbUSDC), then delegate to validators or operators.
Fee-Based Rewards
Rewards draw from an expanding fee base rather than from token emissions. As usage grows, so do rewards.
VaultBridge & Native DeFi
VaultBridge is an AggLayer technology. Bridge funds onto Ternoa and they generate yield automatically — every position becomes productive with no extra steps.
Stablecoins bridged via VaultBridge
Yield generated through Morpho
Delegate vbAssets for extra $CAPS
90% to user, 10% buys & burns $CAPS
Staking Burn
10% of all staking rewards from vbAsset delegation to CIFER enclave operators are burned, permanently reducing circulating supply each time rewards are distributed.
Buyback & Burn
Shield Score
Rewarding Long-Term Holders
Projects built on Ternoa's security layer that launch their own token may allocate a portion of their supply to $CAPS holders. Distribution is weighted by Shield Score — a cumulative loyalty metric.
Shield Score accrues week over week and never resets. The longer you hold, the larger your potential share of each qualifying distribution.
Utility Summary
| Utility | How $CAPS Is Involved |
|---|---|
| TIP runtime fees | Paid per 60-second verification cycle, tiered by plan |
| TIP source verification | Paid per AI scan of dependencies and deployed code |
| TIP pentesting fees | Paid per autonomous pentesting cycle |
| CIFER encryption fees | Paid per encryption and decryption operation |
| Settlement fees | Micro-fee per proof or commitment anchored on-chain |
| TIP validator staking | vbAssets delegated to validators; rewards in $CAPS |
| CIFER enclave staking | vbAssets delegated to operators; rewards in $CAPS |
| VaultBridge yield | Yield on bridged funds; 10% buys & burns $CAPS |
| Delegation rewards | Optional delegation earns $CAPS; 10% burned |
| Buyback & burn | 10% of all ecosystem yield removes $CAPS permanently |
| Shield Score | Holding may earn allocation in builder token launches |
Usage Scenarios
RWA Project Building on Ternoa
A real-world asset platform tokenizing property or commodities and settling natively on the Ternoa appchain. Every dollar passes through VaultBridge, generating yield from day one — 10% of which buys and burns $CAPS continuously.
The platform also uses TIP for runtime monitoring and CIFER for encrypting sensitive data. Every proof and commitment settles on-chain with micro-fees.
EVM Project Integrating TIP or CIFER
A DeFi protocol on Ethereum, Avalanche, or any EVM chain. No need to move to Ternoa. TIP and CIFER are available as external services — the project pays $CAPS per verification cycle or encryption operation.
The EVM project stays on its own chain. $CAPS is consumed purely through service usage.
Web2 Project or Open Source Repo
A traditional software company or open-source maintainer using TIP's AI scanning and pentesting — no blockchain deployment needed. Pay $CAPS per scan cycle or pentesting cycle.
What Is Live Today
Public Mainnet
Private Production
What Comes Next
The next phase focuses on opening private production features to broader public access, scaling TIP Runtime, growing CIFER adoption across Web3 and Web2, and deepening the connection between VaultBridge activity, network security rewards, and the $CAPS buyback-and-burn mechanism.