Cross-chain money market

Concordia can be employed as a universal money market for native digital assets from multiple blockchains. For example, a user may want to borrow APT on Aptos using only ETH on Ethereum as collateral to secure the loan. In this example, they retain their exposure to native ETH (that is, they do not “bridge” it to Aptos). And they gain leveraged exposure to APT on Aptos. They may then spend this APT anyway they please.

The cross-chain money market application makes it very easy for users to permissionlessly enter into new blockchain networks, and interact with their applications, without needing to go through a centralized exchange to acquire the native tokens.