| description | Membrane is an evolutionary protocol that uses collateralized debt positions to transform leverage into indestructible debt tokens that traverse the Cosmos in the form of $CDT. |
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{% content-ref url="protocol/overview/" %} overview {% endcontent-ref %}
{% content-ref url="protocol/liquidation-mechanism.md" %} liquidation-mechanism.md {% endcontent-ref %}
{% content-ref url="protocol/risk-management.md" %} risk-management.md {% endcontent-ref %}
{% content-ref url="protocol/mbrn-tokenomics.md" %} mbrn-tokenomics.md {% endcontent-ref %}
- Bundles enable users to create low-volatility or diversified collateral risk profiles
- Self liquidate with CDT held in the Stability Pool or Marketing Making Vault
- Collateral redemptions using CDT
Become the credit plumbing layer of DeFi to mend inefficiencies & stabilize markets. Use this position as DeFi's mycellial network to forge CDT into the #1 unit of account and medium of exchange. Use these traits to become the new world reserve currency, reducing the power fiat has over the world & providing everyone with a stable escape hatch from centralized money.