📊
Duet Protocol
  • Duet Protocol
    • Introduction
    • Overview
  • Value Propositions
    • Liquidity Providers
      • Liquidity Providers
      • Market Makers
    • Investors
      • Crypto Investors
      • Traditional Investors
    • Third-Party DeFi Protocols
  • Token Economics
    • What is the Duet Token
    • Utilities of DUET Token
    • Token Distribution
    • Governance
  • Functions & User Guides
    • Stablecoin Minter
      • Wallet Configuration
      • Mint dUSD
      • Redeem dUSD
    • Earn
      • Earn User Guide
    • dAssets
      • dAssets User Guide
    • Farm
    • $bDUET
      • Overview
      • How to calculate the value of a $bDUET
      • Duet Open Bond Market
      • Yield to Maturity and Yield Curve
      • Bond As A Service
  • Synthetic Assets
    • dUSD
    • dWTI
    • dXAU
    • dBonds FAQs
  • Roadmap
  • Glossary
  • DUET PRO
    • Architecture
    • DPMM (Proactive Market Making)
    • External Custody
    • Funding Fee
    • Leverage
    • Margin Requirement
    • Mining (AMM Liquidity Mining)
    • List of Markets
  • Library
    • List of Markets
    • Terms of Service
    • Cookie Policy
    • Privacy Policy
    • Contract addresses
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  • Overview
  • AAVE: The Money Market Protocol on Abitrum

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  1. DUET PRO

External Custody

Overview

DUET adopts a money market protocol as "external custodian" to carry out the following functionalities:

  • Holds and secures user capital in one or several base tokens;

  • Calculates a total dynamic effective value of the user capital deposited.

AAVE: The Money Market Protocol on Abitrum

For the trading business to better scale, DUET Protocol adopts AAVE as the external custodian on Abitrum. AAVE does not just hold capital but also calculates its dynamic effective value.

The support of multiple base tokens is more systematical, as users can choose to deposit any token supported by AAVE, e.g. USDC, DAI, WBTC, ETH, LINK.

When users deposit several kinds of tokens, the real-time total dynamic effective value of the tokens is calculated by AAVE with some built-in functions.

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Last updated 2 years ago

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