Architecture

Overview of the Compost system architecture.

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Diagram

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Components

Component	Function
Vault Contract	Holds HYPE, manages allocations, handles deposits/withdrawals
cHYPE Token	Receipt token, tracks pro-rata share of vault
Fee Router	Splits yield between vault and protocol
Withdrawal Queue	Manages unstaking requests

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Vault Contract

The core contract that:

• Receives HYPE deposits
• Mints cHYPE at current exchange rate
• Manages allocation to HIP-3 markets and validators
• Processes withdrawals
• Compounds yield

Key Functions

deposit(uint256 amount) → uint256 cHYPEMinted
withdraw(uint256 cHYPEAmount) → uint256 queueId
claimWithdrawal(uint256 queueId) → uint256 HYPEReceived

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cHYPE Token

Standard ERC-20 with exchange rate tracking.

Exchange Rate

exchangeRate = totalHYPE / totalcHYPE

The rate only increases (barring slashing events), making cHYPE an appreciating asset.

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Fee Router

Handles yield distribution:

Yield received
  └── 15% → Protocol fee
        ├── 90% → Compost operations
        └── 10% → Infrastructure partner
  └── 85% → Compounds into vault

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Infrastructure

Item	Status
Infrastructure partner	TBC
Multisig	TBC (signers and threshold)
Audit	TBC

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INFO

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