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'''Lemma''' is a protocol built on Arbitrum, that offers a basis trading vault and a decentralized stablecoin, called USDL, backed by arbitrage opportunities. Users can deposit assets into Lemma Basis Trading Vault or they can use them as collateral to mint USDL. When a user deposits assets into the Basis Trading Vault, the protocol uses these assets to mint and stake USDL, while the user receives xUSDL (staked USDL) in return.<ref>https://docs.lemma.finance/</ref> | '''Lemma''' is a protocol built on [[Arbitrum]], that offers a basis trading vault and a decentralized stablecoin, called USDL, backed by arbitrage opportunities. Users can deposit assets into Lemma Basis Trading Vault or they can use them as collateral to mint USDL. When a user deposits assets into the Basis Trading Vault, the protocol uses these assets to mint and stake USDL, while the user receives xUSDL (staked USDL) in return.<ref>https://docs.lemma.finance/</ref> | ||
== The USDL Stablecoin == | == The USDL Stablecoin == |