Change your DeFi collateral in one atomic transaction. Your position never closes, there is no liquidation risk during the swap, and no manual close/reopen cycles.
VAEA borrows the target collateral token via flash loan.
The new token is deposited as collateral on Marginfi, Kamino, or Drift.
Your old collateral is freed since the new one now backs the position.
Original collateral is swapped to repay the flash loan. Position stays open.
You hold SOL as collateral on Marginfi but want JitoSOL for its staking yield. Normally, you'd close the position, swap, and re-deposit — 3+ transactions with liquidation risk in between. With VAEA Collateral Swap, it happens atomically: your SOL becomes JitoSOL as collateral in a single signed transaction.