Overview
The Collateral Vault is the central place where collateral tokens and account balances are stored. It serves as the primary financial entry and exit point for the ecosystem, allowing users to deposit, transfer, and withdraw their collateral. In addition to being a storage mechanism, the vault is where collateral is housed for utilization throughout the protocol. Other protocol connected smart contracts, known as Collateralizable Contracts, are able to create reservations of collateral on users’ behalf. These reservation records are stored in the Collateral Vault and ensure that protocol users can leverage their collateral from a central and secure location. Collateralizable Contracts must be first approved by AtomAI ’s Governance, and can only leverage users’ collateral with their authorization.
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