$CROSS utility

$CROSS is risk capital, governance over risk parameters, and a fee layer. It is not a points program for borrow volume.

What it does

• First-loss backstop. Stake covers bad debt; stake is cut on default.
• Governance that matters. Haircuts, liquidity floors, collateral listings, per-asset caps, weekend multiplier — all behind timelocks and hard bounds in code.
• Fee capture. Share of interest and liquidation bonuses routes to long-term stakers via buyback.
• Fee discount. For accounts that stake with duration.

What it is not

A reward for churning borrow volume. Removing $CROSS would leave no dedicated first-loss layer except socialization — which is why the token has to bear risk.

Token launch itself is an ops action outside this codebase.