Inception Vault Architecture
The Inception Vault is built on top of the existing MIMO protocol. It leverages and reproduces existing logic such as :
The main differences between the inception vault mechanics and the MIMO protocol are the following :
- PARs are lent not minted
- PARs and repaid not burned
- Debt limit is not configured but defined by the
Users and liquidators will only interact with the InceptionVaultsCore.