> For the complete documentation index, see [llms.txt](https://ark-defai.gitbook.io/ark/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://ark-defai.gitbook.io/ark/4.-layer-1-or-economic-laws-of-ark-defai/4.4-ark-loan-module-or-ark-lending-collateralized-lending-system/iv.-three-major-module-features.md).

# IV. Three Major Module Features

**Backing-Driven Real Application Scenarios**

Lending is not empty token issuance, but rather financial release backed by actual assets.

**Safe and Transparent Liquidation Boundaries**

No ambiguous evaluations—fully on-chain formula calculations with governance parameter limits.

**Protocol Asset "Regeneration Circulator"**

Each borrowing and repayment cycle reinjects treasury funds back into the market.