Note Application Scenarios

Notes plays multiple roles in the protocol architecture and can support various financial scenarios.

According to different transaction scenarios, Notes can be categorized into different types. Here are examples of several typical scenarios:

Exchange Note

• Used to express asset exchange needs, such as specifying the exchange of one asset (e.g., Token A) for another asset (e.g., Token B), and setting price limits.

Lending Note

• Describes asset lending needs, including loan amount, annualized yield, collateral ratio, and other information.

Arbitrage Note

• Used for arbitrage trading, capturing price differences to achieve profits through a series of operations.

Collateral Note

• Describes the need for collateral assets, providing excess collateral to reduce trading risk.