# Overview ## Key Components ### ORBK Token Our ERC20 token on the Ethereum network serves as the backbone for governance and operational activities within our protocol. It allows holders to participate in crucial decision-making processes and interact with various protocol features. ### **Discreet Log Contracts (DLC)** DLCs are used to lock satoshis on the Bitcoin network. These locked satoshis act as collateral, enabling the borrowing of stablecoins on Ethereum or other assets on L1 Bitcoin, thus providing a secure foundation for our lending solutions. ### Decentralised Oracles ensure accurate and tamper-resistant pricing for assets, our protocol employs decentralised oracles. These oracles aggregate price data from major exchanges, feeding reliable information into our system for critical operations such as loan issuance and liquidations. ### **OrdiBank Network** At the heart of our protocol is the OrdiBank accounting layer, which acts as the central ledger. This layer meticulously records all transactions, manages the state of loans and collaterals, and ensures the integrity and security of cross-chain interactions *** ## Target Assets our protocol specifically targets two primary asset classes: #### Bitcoin No Intro needed. #### BRC20/Runes/Atomicals These assets represent a diverse range of tokens and digitised items on the Bitcoin network. By using these assets as collateral, we tap into a new market of value holders who wish to leverage their investments without liquidating them. #### Stablecoins (e.g, USDC) on Ethereum: Stablecoins provide the necessary stability and liquidity for the borrowing side of our protocol. They are essential for users who need predictable and stable value during their borrowing period. *** This innovative approach not only bridges two of the most prominent blockchain networks but also opens up a new realm of possibilities for asset management and financial operations in the decentralised world. Through this documentation, we aim to guide you through the details of our protocol, ensuring a clear understanding of its operations and benefits. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://ordibank.gitbook.io/untitled/ordibank-protocol/overview.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.