Operational Model
Each stable asset supported by ORBT (e.g., USDC, DAI, USDT) is managed through a dual-layer liquidity model combining on-chain reserves and Pockets.
Direct Custody
Pockets are non-custodial smart addresses (EOA, multisig, or vaults) that directly hold assets.
The UCE interacts with these pockets via ERC-20
allowancepermissions, it can pull funds as needed for settlements or redemptions.
Reserve Buffering
A per-asset reserve (typically 15–35%) is retained within UCE itself to cover small, frequent redemptions.
Larger outflows are fulfilled through pocket pulls, ensuring redemptions remain instant even during bursts.
Yield Routing
Any non-reserved balance in a Pocket is automatically deposited into ORBTMM, Aave v3 or other vetted money markets, earning yield through their interest-bearing tokens (e.g., aUSDC).
These aTokens continuously accrue value, representing the underlying plus interest.
Credit Delegation for Settlement
Pockets can delegate a portion of their borrowable capacity on Aave or others to pre-approved settlement actors.
This lets allocators borrow stablecoins instantly (backed by Pocket collateral) and fulfill user intents without waiting for pull confirmations.
Incentive Attribution
Each Pocket is linked to a referral mapping.
When users transact using a specific Allocator’s code, the liquidity is first routed through that Allocator’s Pocket.
This encourages Allocators to pre-provision reserves, since faster fulfillment earns them spreads and user attribution.
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