> For the complete documentation index, see [llms.txt](https://docs.bsd.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bsd.money/resources/closed-beta.md).

# Closed Beta

During our Closed Beta the BSD protocol will operate normally as described in these docs with the following exceptions:

## Global Collateral Cap

Current cap: 500,000 USD of sBTC

The total amount of sBTC collateral that can be deposited across all vaults is capped. When creating a new vault or adding collateral, your transaction cannot cause the total value of sBTC deposited in the protocol to exceed this cap.

## Access

Only specific whitelisted Stacks principles can interact with the protocol and web app.

You can request beta access via:

* Direct message: <https://x.com/bsdmoney>
* Telegram bot (coming soon)