Protocol

How the vault, the on-chain Black–Scholes engine, the oracle, and the bcSHARE share token fit together.

📄️Vault mechanics

vault.clar is the protocol hub: it holds collateral, mints/burns shares,

contracts/contracts/bs-math.clar prices every option on-chain. All values

The vault only ever calls one read-only function to learn the BTC-USD price:

bcshare-token.clar is a SIP-010 fungible token whose balances are the