Sentiment

Sentiment enables secure undercollateralized lending by implementing on-chain hypothecation. There

are three main actors interacting with the protocol — the depositor, the borrower and the maintainer. The depositor wants to lend their assets with the objective of earning yield. The borrower

deposits margin (collateral) into a borrow account and takes out a loan against it. Borrowers are

obligated to repay this loan with interest. Maintainers are external actors that are incentivized to

maintain protocol health by triggering margin calls and liquidations on high-risk debt positions