> For the complete documentation index, see [llms.txt](https://docs.hann.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.hann.finance/ko/mechanics.md).

# 프로토콜 작동 원리

| 작동 원리            | 상세 설명                                                         |
| ---------------- | ------------------------------------------------------------- |
| 담보·부채·이자         | [Trove의 구조](/ko/mechanics/deep-dives/trove-concepts.md)       |
| 담보비율과 브랜치 조건     | [CDP 담보 조건](/ko/mechanics/deep-dives/cdp-safety.md)           |
| 청산·부채 상쇄·보상      | [청산과 Earn](/ko/mechanics/deep-dives/liquidations-and-earn.md) |
| USDHN과 담보 자산의 교환 | [리뎀션](/ko/mechanics/deep-dives/redemptions.md)                |
| 차입을 통한 담보 노출 증가  | [레버리지](/ko/mechanics/deep-dives/looping-and-leverage.md)      |
| 스테이블 자산의 가격과 유동성 | [StableSwap](/ko/mechanics/deep-dives/stableswap.md)          |
| 수익형 영수증 토큰       | [영수증 토큰](/ko/mechanics/deep-dives/yield-bearing-stables.md)   |

[Trove 상태와 전이](/ko/developers/trove-manager.md)는 USDHN 포지션의 컨트랙트 상태와 전이를 설명합니다.


---

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