Cap Savings

Reports an account's staked stcUSD — Cap's yield-bearing savings token — valued in USDC through cUSD's burn quote.

Reports an account's staked stcUSD, Cap's yield-bearing savings token, valued in USDC. One leg, one label pair: ["Savings", "stcUSD"] for every position this adapter can emit.

Sibling of Cap Stablecoin — same protocol, same taxonomy, same underlying asset, different leg. Both are registered on the NAV Calculator.

• Type: Plain adapter
• protocolSubId: keccak256("cap") — unchanged from the pre-split adapter
• Underlying asset: USDC
• Source: CapSavingsBalanceAdapter.sol · shared base CapBalanceAdapterBase.sol

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Positions returned

Leg	PositionKind	isDebt	Description
stcUSD	Staking	false	Staked cUSD (stcUSD shares), redeemed to cUSD then valued in USDC

Staked cUSD is a staking principal, so it reports Staking — unchanged from the pre-split adapter.

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Balance calculation

Two hops — the ERC-4626 share conversion, then the burn quote:

cUsdAmount = stcUSD.convertToAssets(stcUSD.balanceOf(account))   // ERC4626 shares → cUSD
amount     = ICUsd.getBurnAmount(USDC, cUsdAmount).amountOut     // cUSD → USDC

This is the same two-hop quote the pre-split adapter used for this leg, so the reported amount does not move across the split.

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Why Cap is served by two adapters

See Cap Stablecoin — the split exists so each label segment is a per-adapter constant, which is what makes AssetKindRegistry's adapter-keyed label overrides safe to use on either leg without corrupting the other.