Trove

A Trove is where you take out and maintain your loan. Each Trove is linked to an BNB Chain address and each address can have just one Trove. If you're familiar with Vaults or CDPs from other platforms, Troves function similarly.

Each Trove comprises two balances: one for the collateral asset (LSD) and the other for debt denominated in USDS. You can adjust these balances by adding more collateral or repaying a portion of your debt. As you make these changes, your Trove's collateral ratio will also be updated.

You have the flexibility to close your Trove whenever you wish, as long as you fully repay your outstanding debt.