> For the complete documentation index, see [llms.txt](https://docs.noon.capital/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.noon.capital/5.-the-security-framework.md).

# 5. The Security Framework

- [Overview](https://docs.noon.capital/5.-the-security-framework/overview.md)
- [Trusted Custody](https://docs.noon.capital/5.-the-security-framework/trusted-custody.md): Where do funds live, and who can move them?
- [Smart Contract Security & Audits](https://docs.noon.capital/5.-the-security-framework/smart-contract-security-and-audits.md): Are Noon's smart contracts secure? Code-level verification, continuous auditing, and hardcoded programmatic guardrails.
- [World-Class Operational Security](https://docs.noon.capital/5.-the-security-framework/world-class-operational-security.md): Smart contracts can be perfect while the organization around them leaks. How Noon secures the humans, machines, and processes that manage the protocol.
- [Disciplined Risk Management](https://docs.noon.capital/5.-the-security-framework/disciplined-risk-management.md): How is capital exposure bounded, and how are strategies approved? Protocol-wide allocation limits, oracle circuit breakers, liquidity waterfalls, and governance gates.
- [Independent Collateral Verification](https://docs.noon.capital/5.-the-security-framework/independent-collateral-verification.md): Can anyone verify what is claimed? Noon is the world's first stablecoin to provide continuous, real-time Proof of Reserves verified independently by an external third-party.
- [Layered Insurance](https://docs.noon.capital/5.-the-security-framework/layered-insurance.md): If something goes wrong, what protections absorb the loss? A three-tiered defensive insurance stack designed to insulate $USN and $sUSN holders.
- [Robust Governance](https://docs.noon.capital/5.-the-security-framework/robust-governance.md): Who decides what changes, and how? Protocol control rests exclusively with long-term aligned $sNOON stakers through transparent, binding governance.
- [Thorough Incident Response Framework](https://docs.noon.capital/5.-the-security-framework/thorough-incident-response-framework.md): What happens when an anomaly occurs? A pre-defined, battle-tested operational framework designed for rapid containment, zero-loss mitigation, and direct communication.