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.
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.
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.
Nitron also providse a minting hub for Carbon’s stablecoin, $USC, which is a decentralized native stablecoin for the Cosmos ecosystem.