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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