📚
INIT Capital Developer Docs
  • Overview
  • Core Contracts
  • Guides
    • Basic Interaction
      • Deposit and Withdraw
      • Create Position
      • Add and Remove Collateral
      • Borrow and Repay
      • Changing Position Mode
    • Advanced Interaction
      • Liquidate Position
      • Flashloan
      • Multicall
      • Callback
    • Liquidity Hook
      • Multicall with Callback
      • Money Market Hook
      • Looping Hook
      • Margin Trading Hook
  • Contract References
    • InitCore
    • PosManager
    • LendingPool
    • Config
    • RiskManager
    • InitOracle
    • LiqIncentiveCalculator
    • DoubleSlopeIRM
    • InitErrors
    • MoneyMarketHook
    • LoopingHook
    • MarginTradingHook
  • Contract Addresses
    • Blast
    • Mantle
Powered by GitBook
On this page
  • Key Concepts
  • Multi-silo Position
  • Mode
  • Liquidity Hook
  • LP as collateral (Coming Soon)

Overview

NextCore Contracts

Last updated 1 year ago

is a non-custodial decentralized lending protocol that caters to DeFi users – including lenders, borrowers, and liquidators – and protocols through 'Liquidity Hooks'.

Key Concepts

The following contains the key concepts to understand how INIT works:

Multi-silo Position

Users can create many siloed and isolated positions on INIT by using only a single account, unlike other major lending protocols that use account-based position that only allows one cross-margin position per account.

Each position contains information on its ID, mode, collaterals, borrows, rewards, and their corresponding amounts.

Mode

Each position has its corresponding mode. Each mode has different allowed collateral and borrow tokens, token collateral and borrow factors, and debt ceilings.

Liquidity Hook

Liquidity Hook allows integrated protocols to utilize INIT's liquidity and make external contract calls to perform arbitrary liquidity strategies. During the process, the interacted positions' healths are bypassed and finally checked to be healthy at the end of the process.

LP as collateral (Coming Soon)

INIT Capital
Multi-silo Position
Mode
Liquidity Hook
LP as collateral (Coming Soon)