MinClick Borrow
The Radix technology stack has enabled the implementation in a simplified way.
Typical lending protocols do borrowing with multiple transactions of connecting, enabling assets, depositing, activating collateral and final borrowing. Now, it is doable by built-in shortcuts with a minimum of 3 clicks:
Connect
Deposit
Borrow
User Badge Shortcut
During the initial connection, the user badge is minted to the connected account for further use. There is no need for an explicit mint of the badge.
Collateral Shortcut
Deposited assets are automatically accounted as collateral, avoiding additional and explicit transactions.
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