LEONTIEF — OFFICIAL TEASER
TC 00:00:00:00

Three billion dollars, asleep.

Restricted real-world assets earn their coupon and nothing else. Leontief wraps them into ld-shares — still earning, now working.

LAUNCH APP ▶ WATCH THE FIVE BEATS
SCROLL TO BEGIN
SCENE 01 · A CUSTODY ACCOUNT, SOMEWHERE ON STELLAR

The safest assets on-chain cannot move.

SEP-8 · auth_required | auth_revocable
a transfer to a stranger simply reverts
SCENE 02 · THE PRICE

Their NAV lives off-chain.

the price sits with the issuer —
no feed a lender can naively trust
SCENE 03 · THE WASTE

≈ $3B earns its coupon, and nothing else.

US & Mexican treasuries · money-market funds · short credit
growing 3× a year — almost all of it idle
THE TURN

Not another lending protocol. An adapter.

Leontief wraps a restricted RWA into a normalized, freely-composable share — then routes it into venues that already exist. One asset, two jobs at once.

deposit mint ld-share at fail-closed NAV move · borrow · LP accrue redeem ≤ deposited + growth
THE FLIP

The awake state.

One asset, two jobs at once.
Still earning — now working.

CLOSE-UP · THE INSTRUMENT

One wrapper. Every property preserved.

ldLEOD SEP-41 · COMPOSABLE
UNDERLYINGLEOD — restricted SEP-8
MINT BASISfail-closed NAV
YIELDnative passthrough, share_price ↑
DEFENSEvirtual offset, zero-share revert
LIQUIDATIONwhitelisted, 5% bonus
EXITredeem ≤ deposited + growth
The vault, in detail →
SHOOTING SCRIPT · RUNS LIVE ON-CHAIN

The whole thesis, in five beats.

Each beat is a named integration test against a real restricted asset — and a step in the guided demo.

LEONTIEF — “THE AWAKE STATE” · TESTNET CUT
BEAT 01tx → REVERT
A restricted transfer fails.

LEOD is genuine SEP-8 — a stranger is refused; authorizing the vault opens the door.

BEAT 02mint @ NAV
The wrap mints ldLEOD at NAV.

Balance-diff measured on the way in; virtual-offset math defends the first depositor.

BEAT 0380% LTV
The share moves — and borrows.

A plain SEP-41 transfer, then USDC drawn at 80% LTV against pledged shares.

BEAT 04share_price ↑
Yield accrues while pledged.

A NAV tick raises share_price for locked collateral identically to idle shares.

BEAT 055a ✓ · 5b ✗
Liquidation is permissioned.

A whitelisted liquidator repays and seizes at a 5% bonus; a stranger is refused.

CUT TO: TESTNET
▶ RUN THE DEMO — NO WALLET NEEDED
THE CAST

Venues that already exist.

THE ORACLE · X1 Reflector
SEP-40 feeds · 5-min cadence · breakers armed
THE CREDIT DESK · X2 Blend
pledge ld-shares · draw USDC · yield keeps accruing
THE POOL · X3 Aquarius
LP the share · earn fees · still earning underneath
NO STUNT DOUBLES

Every threat maps to a named, passing test.

A stale or deviating price halts new risk instead of mispricing it — and exits are never pausable.

98+ TESTS· 95.8% COVERAGE, ≥90% GATE· 0 PAUSABLE EXITS· 90-DAY DISCLOSURE· NEVER YOUR KEYS
first-depositor inflationinflation_attack_bounded
stale or manipulated priceget_nav_rejects_stale
user trapped during an incidentwithdraw_works_while_paused
The full threat tie-out →
BEHIND THE SCENES

The same math, on every surface.

Golden vectors: a Python generator writes the expected values; the Rust contracts and the TypeScript SDK assert against the same file — to the integer.

TYPESCRIPT SDK @leontief/sdk
// previews asserted against golden.json
const vault = leontief.vault("ldLEOD");
const quote = await vault.previewDeposit(amount);
SDK docs → Indexer API → Monorepo →
THE NIGHT SHIFT

It even works while you sleep.

Get a ping before trouble. Approve with a tap. Or hand the night shift to Autopilot — an agent on a leash you set.

Alerts, in Telegram
your position pings you before it's at risk — health, prices, halts, straight to your chat
COMING TO THE BETA
Tap to act
every alert carries a link — it opens the app pre-filled; you sign in your own wallet
NEVER YOUR KEYS
Autopilot
grant a scoped, revocable permission — only Leontief, only inside your limits, expiring on your schedule. It will top up your health while you sleep
COMING SOON
NIGHT · ACTIVE EXAMPLE LOG
03:12 alert HF 1.42 sent to your Telegram
03:12 autopilot repaid 120 USDC · within policy
03:13 HF 1.68 · position safe
06:00 NAV +0.02% · earned while you slept
Every action logged. Revoke any time.

Built for people — and for the autonomous agents already earning on Stellar.

NOW SHOWING ON TESTNET

Wake your assets.

LAUNCH APP ▶ RUN THE DEMO
L
A 29PROJECTS LAB PROTOCOL
DOCS docs.leontief.tech
LITEPAPER leontief.tech/litepaper
BLOG leontief.tech/blog
SOURCE github.com/monalika-walia/Leontief
ADDRESSES verified in CI

Testnet prototype. Numbers, addresses, and integration facts are dated and cited in the docs. Nothing here is investment advice or an offer of a security.