> ## Documentation Index
> Fetch the complete documentation index at: https://docs.defindex.io/llms.txt
> Use this file to discover all available pages before exploring further.

# Precept Supply

> Lends USDC to one isolated Precept lending market. Supply interest only.

![Precept x DeFindex](https://mintcdn.com/defindex/26-c60X50q13liUQ/images/precept-x-defindex.png?fit=max\&auto=format\&n=26-c60X50q13liUQ\&q=85\&s=aeddec4e22a86ad9bbfcfd703cda104b)

## What Precept is

[Precept](https://docs.precept.templarfi.org) is [Templar](https://www.templarfi.org/)'s lending protocol on Stellar, [live since 2026-11-09](https://www.templarfi.org/blog/precept) with DeFindex as a launch partner.

## Why Precept

* **Isolated markets.** On most lending protocols, every lender in a pool shares the risk of every asset in it. On Precept, one market's risk does not affect another.
* **Rules fixed on chain.** Each market's collateral, limits and price feeds are set before launch and readable by anyone. After that, no admin can change parameters, raise caps, swap the oracle or set fees.
* **Redundant prices.** An aggregator reads several sources instead of one, with circuit breakers that block a feed when its price moves past set limits.
* **No governance-token backstop.** Lenders have no exposure to a token that can lose value the moment it is needed.
* **Watched around the clock.** Hypernative monitors every market, and professional liquidators serve each one.

## What the strategy does

It supplies USDC to Precept's [XLM/USDC market](https://precept.templarfi.org/markets/CDOU4OEOBWACSNAH7T72IAR4JXJDNS4ZFVHT7TWILVKVBOR3DZT3VSK2) and nothing else: no borrowing, no swaps, no rewards to claim. The yield is the interest borrowers pay, which accrues in the vault's balance.

## Audits

* [Guardian, Precept contracts, 2026-10](https://github.com/Templar-Protocol/precept/blob/62c8e9bee072d5e58494c0f7a7bf777926e7ea2b/audits/Guardian%20-%20Templar%20-%20Blend%20Contracts%20V2%20Security%20Review%20-%20October%202026.pdf): no critical, high or medium findings.
* Halborn, oracle aggregator, and the Code4rena and Certora audits of the inherited lending core: all on [Precept's security page](https://docs.precept.templarfi.org/security.html).


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