# NOTE

## Overview

NOTE cannot be created – it must be borrowed from the Accountant, a smart contract that implements an algorithmic interest rate policy targetting a $1 value, via the [Canto Lending Market](https://www.fpi.directory/primitives/canto-lending-market).

Eligible collateral assets on the Canto Lending Market determine what is used as collateral for NOTE. At present, this includes:

* USDC
* USDT
* USYC
* fBILL
* ifBILL

## Interacts With

* [Canto DEX](https://www.fpi.directory/primitives/canto-dex)
* [Canto Lending Market](https://www.fpi.directory/primitives/canto-lending-market)

## How to Use

NOTE can be borrowed from the Canto Lending Market frontend, available at [canto.io/lending](https://canto.io/lending), courtesy of Plex Labs. It can also be purchased via the Canto DEX.

## Deployments

|                         | Mainnet                                    | Testnet                                    |
| ----------------------- | ------------------------------------------ | ------------------------------------------ |
| **NOTE**                | 0x4e71A2E537B7f9D9413D3991D37958c0b5e1e503 | 0x03F734Bd9847575fDbE9bEaDDf9C166F880B5E5f |
| **AccountantDelegate**  | 0xC0ce8477c81A9F6C972976440C7b3305C37432f3 | 0x63c8FEb024D7aAf02c2DC21708f0E17EB0b03F67 |
| **AccountantDelegator** | 0x4F6DCfa2F69AF7350AAc48D3a3d5B8D03b5378AA | 0xdb91f7127Aa66855845696db77c37d1b6bEAd2db |

## Source Code

{% embed url="<https://github.com/Canto-Network/clm/tree/main/src/Accountant>" %}

## Documentation

* [Interest Rate Policy](https://docs.canto.io/free-public-infrastructure-fpi/note)
* [EVM Development](https://docs.canto.io/evm-development/dex-and-lending-market#note)
* [Design](https://docs.canto.io/technical-reference/architecture-and-design/usdnote-design)

## Audits

* [Open Audit](https://code4rena.com/contests/2022-06-canto-contest) (Code4rena)
* [Open Audit](https://code4rena.com/contests/2022-06-canto-v2-contest) (Code4rena)
* [Solo Audit](https://code4rena.com/reports/2022-07-canto) (Code4rena)


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://www.fpi.directory/primitives/note.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.