# Splyce Finance Documentation

> Splyce is a DeFi protocol offering real-world yield through two products: Single Asset Vaults (SAVs) and splyceUSDC. SAVs are isolated, fixed-rate, fixed-term lending markets where institutional borrowers post tokenized real-world assets as collateral. splyceUSDC is a yield-bearing token on Stellar, Solana, and Sui that blends liquid DeFi yield with fixed-rate RWA credit yield, targeting 7-10% APY.

## About Splyce

- [What is Splyce?](https://docs.splyce.finance/): Overview of Splyce, its products, and why real-world yield matters.
- [How Splyce Works](https://docs.splyce.finance/about-splyce/how-splyce-works): Step-by-step explanation of how collateral, lending, and yield flow through the protocol.

## Single Asset Vaults (SAVs)

- [What are Single Asset Vaults?](https://docs.splyce.finance/single-asset-vaults/what-are-savs): SAVs are isolated, fixed-rate, fixed-term lending markets. One borrower, one collateral type, one rate, one term. No oracles.
- [For Lenders](https://docs.splyce.finance/single-asset-vaults/lend-into-a-sav): How to lend USDC into a SAV. Rate certainty, overcollateralized positions, permissionless access. No KYC required.
- [For Borrowers](https://docs.splyce.finance/single-asset-vaults/borrow-through-a-sav): How to borrow USDC against tokenized collateral. Fixed cost of capital, no mid-term liquidation, institutional-grade terms.
- [SAV Risk Disclosures](https://docs.splyce.finance/single-asset-vaults/risks-and-considerations): Full risk disclosures covering credit, collateral, liquidity, smart contract, and regulatory risks for SAV participants.

## splyceUSDC

- [What is splyceUSDC?](https://docs.splyce.finance/splyceusd/what-is-splyceusd): Yield-bearing token on Stellar, Solana, and Sui. Deposit USDC, earn blended yield from liquid strategies and fixed-rate RWA credit.
- [How splyceUSDC Earns Yield](https://docs.splyce.finance/splyceusd/how-splyceusd-earns-yield): Two-bucket architecture. Liquid bucket (~60%) across sUSDe, sUSDS, syrupUSDC. Fixed-income bucket (~40%) via SAVs.
- [Getting In and Out](https://docs.splyce.finance/splyceusd/getting-in-and-out): Minting, redeeming, and withdrawal mechanics through the Withdrawal Manager.
- [splyceUSDC Risk Disclosures](https://docs.splyce.finance/splyceusd/risks-and-considerations): Full risk disclosures covering credit, liquidity, smart contract, oracle, regulatory, and jurisdictional risks.

## Strands (Points)

- [What are Strands?](https://docs.splyce.finance/strands/what-are-strands): Splyce's participation system. Eight tiers from Specimen (Lv.0) to Apex (Lv.200) with earning multipliers.
- [How to Earn Strands](https://docs.splyce.finance/strands/how-to-earn-strands): Earn through deposits, 10% lifetime referral rewards, and community participation.

## Security & Risk

- [Security at Splyce](https://docs.splyce.finance/security-and-risk/security-at-splyce): Non-custodial architecture, Halborn audits, continuous monitoring, bug bounty program.
- [Understanding Risk](https://docs.splyce.finance/security-and-risk/understanding-risk): How to think about credit, smart contract, liquidity, concentration, and regulatory risk across Splyce.
- [Audits & Reports](https://docs.splyce.finance/security-and-risk/audits-and-reports): Published audit reports. Solana audited by Halborn. Stellar and Sui audits planned.

## Key Facts

- Entity: Splyce Finance Ltd, incorporated in Panama
- Chains: Stellar, Solana, Sui (Sui Q2 2026)
- Products: Single Asset Vaults (SAVs), splyceUSDC
- splyceUSDC target APY: 7-10% blended
- SAV max term at launch: 30 days
- Auditor: Halborn (Solana contracts)
- Lender KYC: Not required
- Borrower KYC: Required
- Website: https://splyce.finance
- App: https://solana.splyce.finance
- Documentation: https://docs.splyce.finance