Protocol Implementation
The implementation of USDi encompasses several key components that work together to provide a seamless user experience.
Payment Infrastructure
Cross-Chain Settlement Layer: Facilitates efficient and secure settlement of transactions across different blockchain networks.
Atomic Swap Functionality: Allows users to exchange assets across chains without intermediaries or custodial risks.
Zero Slippage Conversion: Ensures that users receive exact asset values during conversions, protecting against price fluctuations.
Instant Finality Across Networks: Transactions are confirmed immediately, reducing delays and enhancing user experience.
Staking Mechanism
Validator Collateral: Validators are required to stake collateral to participate in network consensus and secure the protocol.
Liquid Staking Integration: Users can stake their assets while retaining liquidity, allowing them to participate in DeFi activities simultaneously.
Protocol Governance: USDi token holders have the ability to participate in governance decisions, influencing the future development of the protocol.
Yield Distribution System: Generated yields are automatically calculated and distributed to stakers in a transparent and efficient manner.
Collateral Utility
Lending Protocol Integration: Collateral assets can be utilized within various DeFi lending platforms to maximize returns.
312% Collateralization Ratio: Maintains protocol stability and user trust by overcollateralizing assets.
Liquidation Protection: Automated mechanisms safeguard users against sudden market downturns and prevent unnecessary liquidations.
Cross-Margin Functionality: Enables users to leverage their collateral across multiple positions and platforms, enhancing capital efficiency.
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