Emblem Vault to Ethereum Then Borrow on Gondi

I believe I can use an Emblem Vault to transfer the asset onto the Ethereum network, then use that vaulted representation as collateral to request a loan on Gondi. This approach would leverage DeFi rails—Emblem Vault, Ethereum, and Gondi—to unlock liquidity from the asset.

My plan is to emblem-vault the token to Ethereum and then initiate a borrowing position on Gondi using the vaulted token as collateral, tapping into decentralized lending markets while preserving exposure to the underlying asset.