Troves

A Trove is a decentralized loan position that allows users to deposit collateral, borrow USDK, and manage interest rates. Each Trove is linked to an Ethereum address and can be created, adjusted, or closed at any time.

Users can maintain multiple Troves per address, and each Trove is represented as a transferable ERC-721 NFT, making it tradable and composable across DeFi protocols.