Tinlake is Centrifuge's first product, built on the Centrifuge protocol. It can be used to borrow on the chain through Collateralized Assets, which is completely managed by smart contracts.
In the Centrifuge architecture, NFTs anchor an unchangeable asset record and also represent an asset in the off-chain world. Through Tinlake, asset owners can mortgage their NFTs and convert them into ERC 20 tokens, and then use ERC 20 tokens to lend stablecoins, while investors engage in DeFi borrowing in accordance with contract rules.
With Tinlake as the center, Centrifuge develops the asset chaining process