Collateral and Reserves

ATLA Token

One important feature of AetherLend AI is the "AetherLend AI Interest-Bearing Token" (also known as "ATLA Token"). When you deposit in the AetherLend AI protocol, you receive a corresponding amount of ATLA Token, which are pegged 1:1 to the underlying asset. ATLA Token generate interest directly in your wallet, so you can see your balance growing every second. This means you can choose to receive this interest in any Ethereum address.

collateral and reserve mechanisms

Rho Markets has implemented the collateral and reserve mechanisms used by Compound Finance.

Each supported asset on Rho Markets is integrated through ATLA Token contracts. ATLA Token are tokens that comply with the EIP-20 standard and represent the user's asset balance provided in the protocol. By minting ATLA Token, users can (1) earn interest based on the ATLA Token's exchange rate, which appreciates relative to the underlying asset, and (2) use ATLA Token as collateral.

ATLA Token are the primary means of interacting with the Rho Markets protocol. Users can perform operations such as minting, redeeming, borrowing, repaying borrowings, liquidating borrowings, or transferring...