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Overview

The Unified Collateral Engine (UCE) is the core liquidity and asset management layer of the ORBT protocol. It functions as a sophisticated Peg Stability Module (PSM) that enables seamless, low-slippage swaps between underlying collateral assets (e.g., WBTC, cbBTC) and their corresponding synthetic 0xAssets (e.g., 0xBTC). It serves as the primary liquidity hub through which all participants - users, allocators, and integrators - interact with the ORBT ecosystem.

Unlike traditional systems that only focus on holding collateral, the UCE introduces a dynamic credit and liquidity framework. Whitelisted allocators can access credit lines, mint 0xAssets, and channel liquidity into strategies or money markets - creating a continuous, self-balancing flow of capital across the protocol.

Purpose & Role in the Ecosystem

The UCE is designed to be the heartbeat of ORBT’s liquidity network. It ensures that every 0xAsset in circulation is:

  • Fully backed by verified collateral,

  • Instantly redeemable through deep on-chain liquidity, and

  • Efficiently utilized through yield-bearing integrations.

By combining stable asset management, yield generation, and credit provisioning, the UCE bridges traditional PSM mechanics with next-generation DeFi liquidity design - offering instant settlement and capital productivity in a single framework.

How it works

1

Collateral Inflow

Users or allocators deposit supported collateral (e.g., USDC, WBTC) into the UCE.

2

Minting Synthetic Assets:

Based on collateral ratios or credit limits, the UCE issues 0xAssets (like 0xUSD or 0xBTC) directly to PSM allowing users to swap the assets directly

3

Active Liquidity Management

All the underlying assets are deployed into money markets or vaults to earn yield while maintaining instant redemption ratios.

4

Redemptions & Peg Stability

When users redeem, the UCE settles instantly from its on-hand reserves. If reserves dip, it dynamically pulls liquidity from connected pockets - ensuring peg consistency without delays.

5

Governance & Adjustments

Parameters like reserve ratios, fee curves, and credit ceilings are continuously optimized through on-chain governance.

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