# 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.