Skip to main content

Protocol Overview

Imaginary, at it's core, consists of the Lender and associated Lockers.

Architecture Overview

🚧 Simplified Contract View

Example banner

Depicted in the diagram is the Lender and Locker (L/L), the User, and the Arbiter.

User

The User may interact, throught the web interface or other web3 tools, with the deployed smart contracts. They can create Lockers to deposit and manage collateral. They may also interact with Lenders to take out or resolve an existing loan.

Lockers

Lockers allow users to deposit assets from their wallet. Lockers are like safety deposit boxes that are tuned to properly handle, and gather accurate valuations of the asset.

Lender

The Lender is where users can issue stablecoins against their locked collateral. There are multiple Lenders, deployed to support various sets of different Lockers and types of loan resolution.

IMGY Token

The Imaginary Token ($IMGY) is our protocol token and comes with special utility. For example, the token can be used to vote on future proposals or gain access to protcol revenue in the form of borrowing power.

We are always looking for new ideas and ways to expand the token's utility. Have one? We'd love to hear it!

Secret Word is grenadine