> For the complete documentation index, see [llms.txt](https://nova-30.gitbook.io/nova-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nova-30.gitbook.io/nova-docs/comms/explore-comms.md).

# Explore COMMS

Deterministic collateral eligibility for tokenized stocks.

## Explore COMMS

### The collateral eligibility layer for tokenized stocks

COMMS gives DeFi protocols a deterministic way to determine whether a Stock Token can be used as collateral — and exactly why.

```
COMMS SYSTEM

ASSET REGISTRY       ONLINE
STATE ENGINE         ONLINE
ELIGIBILITY ENGINE   ONLINE
POLICY ENGINE        ONLINE
API                  OPERATIONAL
```

```
> /check AAPL

ASSET       AAPL
CHAIN       Robinhood Chain
STATUS      ACTIVE
TRANSFER    ENABLED
ORACLE      HEALTHY
PRICE       FRESH

DECISION    ELIGIBLE
```

{% hint style="info" %}
This is an illustrative response. It is not live asset data or a production eligibility decision.
{% endhint %}

### The decision path

```
ASSET → STATE → EVIDENCE → POLICY → ELIGIBILITY → DECISION
```

COMMS reads available state, records supporting evidence, and evaluates configured policy requirements. The result is a read-only decision with its rationale.

### Core concepts

#### Assets

Track tokenized-stock state in the Asset Registry.

#### Eligibility

Determine whether an asset satisfies collateral requirements.

#### Evidence

Inspect the checks, sources, timestamps, and confidence behind every decision.

#### Policies

Configure protocol-specific collateral requirements.


---

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