Clearing House
At the centre of the platform design lies the Clearing House smart contract. which Records position and related information (long/short, leverage, margin). It is also responsible for minting/burning virtual tokens that are held by the contract on behalf of the user. When a user deposits UST on Ariel protocol, The clearinghouse mints virtual tokens. These virtual tokens go to the vAMM and aid the price discovery.
Last modified 1yr ago