Core Mechanics
Explore the fundamental mechanisms of the Fixed-Rate Lending Protocol
Last updated
Explore the fundamental mechanisms of the Fixed-Rate Lending Protocol
Last updated
The Fixed-Rate Lending Protocol introduces a variety of innovative features that enable users to efficiently lend and borrow assets at fixed rates for fixed terms. These core mechanics work together to ensure the stability, security, and usability of the protocol.
How the Order Book System facilitates fixed-rate lending and borrowing
How Zero-Coupon Bonds are used to represent lending and borrowing positions
How collateralization protects the protocol from defaults
How liquidation mechanisms maintain system solvency
How standardization ensures predictable market behavior
: The on-chain system that matches lenders and borrowers
: The standardized components ensuring interoperability
: The process of securing loans with collateral
: The representation of lending positions as transferable tokens
: The mechanism for handling undercollateralized positions
: The fee structure supporting the protocol's long-term sustainability