1. 1.
    Liquidity provider -> A user who adds liquidity to the Open protocol through the process of asset deposits.
  2. 2.
    Borrower -> A user who borrows from the protocol.
  3. 3.
    Collateral: A token(s) deposited by a borrower as a security deposit to secure a loan.
  4. 4.
    Supply apr -> Annualised interest rates earned by liquidity providers.
  5. 5.
    Borrow apr -> Annnualised interest rates charged to the borrowers.
  6. 6.
    PermissibleCDR -> Determines the permitted loan amount a borrower can acquire against their collateral.
  7. 7.
    MCP -> Minimum commitment period is the minimum time duration for which a user(liquidity provider or borrower) locks their deposits or loans within the protocol. MCP improves the protocol's ability to predict the liquidity inflow & outflow.
  8. 8.
    Primary markets -> Supported markets where the system participants can deposit, borrow, or provide collateral.
  9. 9.
    Secondary markets -> Supported markets on integrated dapps, where the borrowers can convert their loans(primary markets) into, through the process of swaps, trading, etc.
  10. 10.
    Collateral-check: An off-chain verification is performed to determine if the borrower has adequate collateral to maintain loan security.