User swaps $1,000,000 USDC → 0xUSD.
Example: UCE keeps $250k and sends $750k to pocket.
Pocket supplies $750k to Aave → receives aUSDC.
Later, a redemption for $600k USDC arrives.
UCE pays $250k from reserve, then pulls $350k from pocket via allowance (near-instant).
Meanwhile, a solver needs $200k for an intent.
Pocket has a $300k delegation cap to this solver; solver borrows $200k from Aave instantly, settles, and repays within 15 minutes.
The pocket remains fully collateralized; HF never approaches stress thresholds; aUSDC continues accruing yield.
Last updated 3 months ago