Introduction

Nitron is a permissionless money market wherein users can lend and borrow assets across various blockchains such as Ethereum, Binance Smart Chain, IBC Chains, and more. Nitron will also provide a minting hub for Carbon’s stablecoin, a decentralized native stablecoin for the Cosmos ecosystem.

Nitron is powered by the CDP Module on Carbon.

Please refer to the following articles for more information on: • Risk Assessments • Carbon Protocol Safety Features • Risk Management Parameters

Lend

Users can earn interest by lending out idle assets. As it is non-custodian, users can withdraw their lent amount at any point of time.

Borrow

Users can borrow liquidity on their desired asset by taking out a low-interest loan. In order to borrow an asset, users have to lock in a certain amount of assets as collateral. There is no expiry or obligation date for users to repay the loan, as long as the loan has sufficient collateral backing.

Mint

Users can mint Carbon stablecoin by locking in a certain amount of whitelisted assets as collateral. In order to withdraw the collateral, users must burn the stablecoin.

Learn more about $USC here.

Click here to learn more on how to use Nitron.