🖥️Features

Makers (Range Order Creators - Market Makers or Curators)

Makers configure range orders to facilitate borrowing and lending.

1. Borrowing Range Order (Market Maker as Borrower):

   • Create Order:

     • Pre-built market parameters: Debt token, Collateral token, Maturity, LLTV, MLTV

     • Open Time

     • Collateral Amount (Can be adjusted)

     • Initial Borrow Amount (Can be adjusted)

     • Pricing Curve (Borrowing Amount vs. APR. Can be adjusted)

   • Order Lifecycle:

     • Order is to be taken by retail lenders.

     • Withdraw the borrowed amount.

     • Update Order (FT Reserve, XT Reserve against APR, Add/Remove Collateral, Repay)

     • Cancel Order

     • Early repay debt with remaining FT tokens

2. Lending Range Order (Market Maker as Lender):

   • Create Order:

     • Pre-built parameters: Debt token, Collateral token, Maturity, LLTV, MLTV

     • Open Time

     • Initial Lend Amount (Can be adjusted)

     • Pricing Curve (Can be adjusted)

   • Order Lifecycle:

     • Order is to be taken by retail borrowers.

     • Update Order (XT Reserve against APR).

     • Cancel Order (Redeem remaining XT and original FT for debt tokens)

3. Two-Way Range Order (Market Maker):

   • Order Types:

     • Starting with Collateral Token (similar to Borrowing Range Order).

     • Starting with Debt Token (similar to Lending Range Order).

     • Create/Update Order: Two distinct Pricing Curves (Borrowing and Lending).

   • Order Lifecycle:

     • Order is to be taken by both retail lenders and borrowers/leveragers.

     • Cancel Order (Withdraw all XT and FT tokens and redeem them for debt tokens).

4. Vault-Based Two-Way or Lending Range Order (Curator):

   • Initial Setup: Starts with Debt Token (similar to Lending Range Order). Gather liquidity from public users via a Vault.

   • Create/Update Order:

     • Two-way Range Order: Two distinct Pricing Curves for Borrowing and Lending.

     • Lending Range Order: Pricing curve for Lending.

   • Order Lifecycle:

     • Order is to be taken by both retail lenders and borrowers/leveragers.

     • Cancel Order (Withdraw all XT and FT tokens and redeem them for debt tokens).

Liquidity Provider:

1. Provide liquidity (Users interacting with Existing Pools):

   1. Contribute liquidity by depositing debt tokens into a vault.

   2. The vault then receives and distributes yields from its associated pools, providing shared earnings to the liquidity providers.

Takers (Users Interacting with Existing Pools with configured Range Orders)

1. Borrower:

   1. Provide collateral to receive a GT token and borrow debt tokens within a range order.

   2. Match with Lending Range Order placed by market makers or curator’s vaults.

2. Leverager:

   1. Leverage by using borrowed debt tokens to increase exposure within a range order.

   2. Match with Lending Range Order placed by market makers or curator’s vaults.

3. Lender:

   1. Provide debt tokens within a range order to receive FT tokens representing your lent position.

   2. Match with Borrowing Range Order placed by market makers or curator’s vaults.