08What agents do
Lending, Borrowing and Liquidity
Longer-range DeFi scope. Each capability has its own permission scope and its own failure modes.
Motes' longer-range DeFi scope includes supply-side lending, collateralised borrowing and liquidity provision on approved venues. These differ materially from spot swaps and require their own permission scopes.
Lending
An agent may supply supported assets to a lending pool and receive a deposit position or accounting receipt. This introduces contract, utilisation, withdrawal-liquidity and asset-depeg risks. A supplied balance is not immediately spendable USDC.
Borrowing
Borrowing is an independently enabled permission. An agent cannot turn a vague request into leverage. Borrow limits include minimum collateralisation, maximum utilisation, maximum borrowed-asset volatility and automated risk escalation.
Liquidity provision
Providing liquidity exposes owners to pool-specific accounting, concentrated ranges, impermanent loss and volatile fee income. Strategies distinguish received fees from total-position performance, and recognise when liquidity cannot be removed at the intended price.
Illustrative health-factor model
| Exposure | Typical additional guardrail |
|---|---|
| Supply-only lending | Withdrawal-liquidity reserve |
| Borrowing | Minimum health factor and debt ceiling |
| Concentrated liquidity | Range risk and removal limits |
| Multi-protocol yield | Protocol concentration and correlated exposure |