# Capital Contract

The **Capital Contract** is the core component of the Techno-Capital Machine. It manages user deposits, directs yield, and distributes MOR rewards.

### Evolution

#### V1 *(Launched Feb 8, 2024)*

* Single-asset deposits limited to **stETH**
* Yield sourced from **Lido stETH staking**
* Depositors earned MOR emissions based on deposit size and **Power Factor multiplier**
* Withdrawals possible after 7 days (no permanent lockups)
* Fully **non-custodial design** from the start — users always retained control over deposits
* **Audited contracts** deployed for the Fair Launch

***

#### V2 *(Launched Sept 18, 2025)*

* **Multi-asset support** – stETH, USDC, USDT, wBTC (with more to be added)
* **Expanded yield strategies** – new assets routed through **Aave** and other protocols (not just Lido)
* **Referral system introduced** – depositors can share and earn bonuses for bringing new capital
* **Enhanced security** – Zenith audit, Code4Arena competition, and ongoing bug bounty layered on top of V1’s audit baseline

***

### What Stays the Same

* **Non-custodial by design** – deposits always remain user-controlled
* Deposits fuel the **Techno-Capital Machine** → yield is used for MOR buybacks, Protocol-Owned Liquidity, and token burns
* Depositors rewarded with **MOR emissions**
* Withdrawals possible after a minimum 7-day delay

***

### Key Differences at a Glance

| Feature          | V1                                    | V2                                                             |
| ---------------- | ------------------------------------- | -------------------------------------------------------------- |
| Supported Assets | stETH only                            | stETH, USDC, USDT, wBTC, wETH (expandable)                     |
| Yield Source     | Lido                                  | Lido + Aave                                                    |
| Security         | Independent audit + Public Bug Bounty | Independent audit + Public Bug Bounty + Self-hosted Bug Bounty |
| Referral Program | Fully on-chain                        | Fully on-chain, improved                                       |
| Flexibility      | Single-asset deposits                 | Multi-asset, modular yield expansion                           |

### Why V2 Matters

V2 extends the Capital Contract from a **single-asset yield engine** into a **multi-asset, scalable capital layer**. It enables broader participation, diversified yield, and stronger resilience — while preserving the fair-launch ethos and non-custodial design that have been present since day one.

### Technical Documentation

For contract addresses, functions, and integration details, see the full [Distribution Protocol Documentation](/smart-contracts/documentation/distribution-protocol/deployed-contracts.md).


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://gitbook.mor.org/tokenomics/techno-capital-machine/capital-contract.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.