Money market
Strobe Protocol's money market product supports permissionless lending and overcollateralized borrowing.
The money market primarily focuses on five key transaction types:
Supply
Withdraw
Borrow
Repayment
Liquidation
The first four transaction types are user-initiated and leverage Axelar under the hood. However, the technical operations and details have been abstracted for the users, such that they will only need to interact with Strobe on XRPL.
Liquidation is currently an automated process, to help ensure the solvency of the protocol and protect user funds.
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