K KeyBay Capital Bitcoin L1 Yield
App Blog Team Deposit Operations Open Vault
System Operational
BTC Price $94,020
Active Vaults --
Total TVL --
Protocol Bitcoin L1

Vault Rail Health

Checking vault readiness…

Stewardship Access

Operator routes require wallet-signed admin sessions. Emergency key access remains available as fallback.

Connect an allowlisted admin wallet to unlock operations.

Credit Engine

BTC-collateralized credit vaults — risk monitoring & lifecycle management

Max LTV 40% Liq 50% 10% APR BTC L1
Total Collateral -- BTC
Total Debt -- USDC
System LTV --%
Vaults at Risk --
System LTV Exposure 0%
40% Max
50% Liq

No credit vaults yet.

Deposit Activity

Incoming capital intents — reconciliation updates funding state and confirmations

No intents yet.

Loan Applications

Review and manage BTC-collateralized stablecoin loan requests

No loan applications yet.

Stablecoin Deposits

Off-chain stablecoin deposits pending operator review and confirmation

No stablecoin deposit requests yet.

Liquidation Events

Auditable log of all liquidation actions on credit vaults

No liquidation events.

Risk Parameters

Reference sheet for the KeyBay credit engine configuration

Maximum LTV 40%

Positions exceeding this threshold trigger margin calls

Liquidation Threshold 50%

Automatic liquidation initiated when LTV crosses this level

Interest Rate 10% APR

Annual percentage rate applied to outstanding stablecoin debt

Liquidation Penalty 15%

Penalty applied to collateral value upon liquidation event

Collateral Asset BTC (L1)

Native Bitcoin on mainnet — verified via on-chain confirmations

Settlement Hybrid

Stablecoin delivery via Ethereum or off-chain operator settlement