# Vision & Mission ### Vision > What does the organisation aspire to become, or the impact it hopes to have? Pascal enables a global financial system where derivatives trading is capital-efficient, trustless, and fully decentralized. Capable of competing with traditional systems. * It aspires to become the **clearing infrastructure DeFi is built on**, doing for derivatives what Layer 1s did for value transfer (settlement & finality). * Its impact is to **replace opaque, centralized clearing systems** with transparent, composable, and trustless logic that anyone can verify and build on. * If successful, Pascal will enable a world where exchanges, structured product protocols, DAOs, and market makers all coordinate on a shared clearing layer, eliminating systemic opacity and bringing real capital markets on-chain. ### Mission > What do we do to achieve the vision? We build and maintain a decentralized clearing protocol that enables capital-efficient, risk-managed derivatives trading across DeFi. This includes: * the core margining logic, * risk models (e.g. VaR), * collateral settlement flows, * liquidation systems, * and integration pathways for exchanges, vaults, and structured product builders. > What does it mean in practice? * Pascal Enables the use of our version of **real-time portfolio margining** and deterministic risk models to minimize required collateral * Pascal Enables the handling **clearing and settlement logic** independently of execution as well as a platform template for execution. * Pascal Offers **open governance mechanisms** to adapt to market needs without introducing centralization, to assess and manage control systems for platforms. * Pascal Implements **risk controls and rejection logic** that mirror TradFi systems in outcomes * Pascal Communicates a clear narrative on why clearing is important, how hard this is and how we can solve this. * Pascal Provides leadership in crypto trading infrastructure. --- # 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://docs.pascalprotocol.com/strategy/vision-and-mission.md?ask= ``` 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.