βœ…Deposits

All assets on the platform are paid from and received to the user’s deposit account. Every user can deposit assets into the protocol’s contract, and withdraw their assets from the contract. These assets can be freely used, be it for provisioning or repaying loans, paying interest, allocating collateral, paying fees and receiving fee shares from $LUMIN staking.

Deposited assets currently in use (e.g. as collateral) are locked. When a loan is repaid, the collateral is freed up and becomes an unlocked deposit.

Only unlocked deposits can be withdrawn from the platform.

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