The Butane Platform

Users interact with Butane's synthetic assets through the platform by creating and managing CDPs. The main actions on the platform are:

  • Creating CDPs by depositing collateral and borrowing an amount of synthetic tokens

  • Closing a CDP by repaying its debt and withdrawing locked collateral

  • Adjusting a CDP by changing the synthetic amount (minting more or burning a portion of the debt), altering the locked collateral (depositing and/or withdrawing tokens), or both

  • Liquidating another user's unhealthy CDP and claiming a portion of their collateral

  • Staking held synthetics in the system to earn savings

Action Composability Engine

Butane introduces a novel innovation by allowing for multiple actions to be completed in a single transaction through a wholly interoperable mechanism. All of the above actions can be effected within a single transaction, on multiple CDPs, and across multiple synthetics. This maximizes efficiency and ensures that operations on Butane can be fully atomic.

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