Borrowing

Deposit tokens as collateral and borrow backing assets against their floor value. Collateral, debt, floor, and funds are all inside the same Market contract.

Flow

• Deposit tokens into the Market.
• Borrow against floor value. Net received is principal minus a one-time 3% fee.
• Repay principal to unlock collateral. No interest, no maturity date.

No liquidation

Borrow limits use floor value, not market price. Price drops do not trigger liquidation. Unrepaid collateral stays locked — the risk shifts from forced sale to capital immobility.

Loops

A loop borrows backing, buys the same token, deposits again. It amplifies movement above the floor and has a geometric bound.