Membrane Finance

Composable collateral and margin layer

Details

Membrane is a composable collateral and margin layer, powering derivatives markets across the Cosmos. By depositing collateral tokens into Membrane's CDP mechanism, users can mint Collateral Tokens (CDL). These tokens can then be redeposited into the mechanism to retrieve the original collateral. Thus, the mechanism is similar to a "Line of Credit", where users can deposit their collateral to receive a line of credit against it.

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