Since the advent of uncollateralized derivatives, the global financial system has continually faced liquidity crises as if they were embedded in the design of modern economies.
On the other hand, the decentralized finance market often uses overcollateralized protocols, which reduces capital efficiency.
Envelop offers a solution to these weaknesses, by creating a new tool that combines collateral and transactional reputation.
The Envelop protocol allows you to add different types of assets as collateral: both coins and tokens. For example, in the Blast network you can easily add ETH, wETH or USDB and set up operational conditions such as timelocks (expiration time) or on-chain royalties (revenue sharing).
By adding collateral to soul-bound tokens (SBT), Envelop expands the reach of transactional reputation. In this case, we can talk about dynamic SBTs, which are still non-transferable, but the collateral inside them in the form of ERC-20 tokens can change, for example, de
We współpracy z: https://cryptodaily.co.uk/2024/03/envelop-collateralized-derivatives-in-the-blast-ecosystem
