Update blog article

packages/website/_posts/diva-enabling-capital-efficiency_in-defi.mdx

@@ -68,7 +68,7 @@ the Federal Reserve, with the total support eventually amounting to approximatel
 **The key takeaway from this section is that in a fractional reserve system, the burden of covering a shortfall from excess 
 claims is shifted to another party, knowingly or unknowingly.**
 
-In the next section how we can enable a similar risk transfer mechanism in DeFi while maintaining full collateralization.
+In the next section, we will explore how we can enable a similar risk transfer mechanism in DeFi while maintaining full collateralization.
 
 ## 🎨 Applying fractional reserve principles to enhance capital efficiency in DeFi
 
@@ -92,27 +92,31 @@ The payout of the synthetic asset mirrors the amount of collateral recovered fro
 payouts under the four possible scenarios:
 
 <p align="center">
-  <img src="/images/posts/outcome_table.png" />
+  <img src="/images/posts/outcome_table.png" width="100%" />
 </p>
 
 The synthetic asset returns $2,000 if no claims are triggered, $1,000 if one policy triggers, and $0 if both trigger. This is depicted in the following chart.
 
+<p align="center">
+  <img src="/images/posts/Fractional Reserve_recoverable_collateral_with_bg.drawio.png" width="100%" />
+</p>
+
 This intrinsic value of the synthetic asset enables it to be used as collateral to secure a loan from a lender willing to accept the risk of a 
 total loss arising from the synthetic asset becoming worthless when both policies trigger.
 
 In three of the four scenarios - (0,0), (1,0), and (0,1) - the synthetic asset would generate enough payout to repay the lender. However, in the (1,1) scenario, 
 the asset becomes worthless, resulting in a total loss for the lender. 
 
 To compensate for the risk of loss, the lender could offer Vlad $950 and expect a repayment of $1,000 when the policies expire, earning a yield 
-of 5.26%. This could be an attractive deal if the probability of both policies triggering simultaneously is estimated to be low (e.g., 1%). 
+of 5.26%. This could be an attractive arrangement if the probability of both policies triggering simultaneously is estimated to be low (e.g., 1%). 
 The pricing of these risks is a complex topic and beyond the scope of this article.
 
 This strategy could be scaled to any number of policies that Vlad has underwritten. For example, with 1000 policies, each pre-funded with $1,000, 
 Vlad could opt to transfer the risk of claims exceeding $600,000, effectively freeing up nearly $400,000 in capital (a bit less due to the risk 
 premium demanded by the lender). 
 
 **In this section we have seen how securitizing the recoverable collateral from a portfolio of fully collateralized positions and then borrowing against 
-the resulting synthetic asset provides an effective way to enhance capital efficiency in DeFi, while preserving the assurance that all future 
+the resulting synthetic asset provides an effective way to recover a portion of the pre-funded amount, while preserving the assurance that all future 
 policyholder claims will be honored.** This concept extends beyond insurance and can be applied in prediction markets or other DeFi 
 applications that demand full collateralization.
 
@@ -125,25 +129,31 @@ In this section, we will walk through the technical steps required to implement
 in conjunction with a lending protocol like [Myso v2](https://github.com/mysofinance/v2), [Morpho](https://morpho.org/) or [Euler v2](https://www.euler.finance/blog/euler-v2-the-new-modular-age-of-defi).
 
 The implementation involves the following key steps:
-1. **Create** insurance policies and pre-fund them with the insurance cover amount.
-2. **Bundle and securitize** the positions representing the recoverable collateral into a single synthetic asset.
-3. **Borrow** funds using the synthetic asset as collateral.
-4. **Recover** any remaining collateral from the policies.
-5. **Repay** the lender.
-6. **Transfer** any excess funds to the borrower.
+
+<div style={{ paddingLeft: '20px' }}>
+  <span style={{ color: 'rgba(255, 255, 255, 0.8)' }}>1. **Create** insurance policies and pre-fund them with the insurance cover amount.</span><br />
+  <span style={{ color: 'rgba(255, 255, 255, 0.8)' }}>2. **Bundle and securitize** the positions representing the recoverable collateral into a single synthetic asset.</span><br />
+  <span style={{ color: 'rgba(255, 255, 255, 0.8)' }}>3. **Borrow** funds using the synthetic asset as collateral.</span><br />
+  <span style={{ color: 'rgba(255, 255, 255, 0.8)' }}>4. **Recover** any remaining collateral from the policies.</span><br />
+  <span style={{ color: 'rgba(255, 255, 255, 0.8)' }}>5. **Repay** the lender.</span><br />
+  <span style={{ color: 'rgba(255, 255, 255, 0.8)' }}>6. **Transfer** any excess funds to the borrower.</span>
+</div>
 
 ### Create
 Using DIVA Protocol, an insurance policy can be created by specifying the policy parameters including the trigger conditions 
 (e.g. harvest loss) and expiration, and then pre-funding it with the insurance cover amount, denominated in a USD-pegged 
 stablecoin such as USDT or USDC.
 
 This process results in the issuance of two conditional claims on the funds, both represented as ERC20 tokens: 
-1. **Token A**, representing the insurance policy, which is sold to the insurance taker (e.g., Alice or Bob) and redeemable if a harvest loss occurs.
-2. **Token B**, representing the insurer’s position, which is inversely related to Token A and redeemable if no harvest loss occurs. 
-This token effectively grants the right to recover any remaining collateral.
+
+<div style={{ paddingLeft: '20px' }}>
+  <span style={{ color: 'rgba(255, 255, 255, 0.8)' }}>1. **Token A**, representing the insurance policy, which is sold to the insurance taker (e.g., Alice or Bob) and redeemable if a harvest loss occurs.</span><br />
+  <span style={{ color: 'rgba(255, 255, 255, 0.8)' }}>2. **Token B**, representing the insurer's position, which is inversely related to Token A and redeemable if no harvest loss occurs. 
+  This token effectively grants the right to recover any remaining collateral.</span>
+</div>
 
 <p align="center">
-  <img src="/images/posts/Fractional Reserve_Create.drawio.png" />
+  <img src="/images/posts/Fractional Reserve_Create_with_bg.drawio.png" width="100%" />
 </p>
 
 By repeating this step for every new policy, a diverse portfolio of B tokens is built up, with each token distinctly connected to an individual policy.
@@ -155,7 +165,7 @@ One approach is to transfer each B token after policy creation individually to a
 Once consolidated, a synthetic asset can be issued against that vault, representing a claim on the collateral amount recoverable from the bundled positions.
 
 <p align="center">
-  <img src="/images/posts/Fractional Reserve_Bundle.drawio.png" />
+  <img src="/images/posts/Fractional Reserve_Bundle_with_bg.drawio.png" width="100%" />
 </p>
 
 A more cost-effective approach is to designate the vault directly as the recipient of the B tokens at the moment of policy creation. This 
@@ -170,10 +180,10 @@ The next step is to find a lender willing to issue a loan against the synthetic
 can facilitate this process.
 
 <p align="center">
-  <img src="/images/posts/Fractional Reserve_Borrow.drawio.png" />
+  <img src="/images/posts/Fractional Reserve_Borrow_with_bg.drawio.png" width="100%" />
 </p>
 
-Two essential features for the chosen lending protocol include:
+Two essential features are required for the chosen lending protocol:
 * The ability to accept any ERC20 token as collateral, allowing the synthetic asset to be used for this purpose.
 * The absence of a liquidation mechanism, allowing the lender to incur a loss if the collateral value falls below the loan amount.
 
@@ -209,7 +219,7 @@ scaling these solutions. For those interested in discussing, contributing to, or
 
 DIVA Protocol is a universal smart contract-based system for creating and managing derivative financial contracts peer-to-peer. It provides the foundation 
 for enabling a wide range of financial applications including insurance, prediction markets, conditional donations, structured products, swaps, bets, and more, all operated fully 
-automatically and without central intermediaries. As an open-source protocol, DIVA is freely accessible, empowering developers to innovate and build applications that 
+automatically and without central intermediaries. As an open-source protocol, DIVA is freely accessible, empowering everyone to innovate and build applications that 
 contribute to a more robust financial ecosystem.
 
 
@@ -221,5 +231,9 @@ contribute to a more robust financial ecosystem.
 - 🦜 Twitter: [twitter.com/divaprotocol_io](https://twitter.com/divaprotocol_io)
 - 🤖 Discord: [discord.gg/8fAvUspmv3](https://discord.gg/8fAvUspmv3)
 
+## 📘 Other articles that you may like
+- [Flash loans in DIVA Protocol](https://www.divaprotocol.io/posts/diva-flash-loans)
+- [Empowering pastoralists in Kenya - The third DIVA Donate campaign](https://www.divaprotocol.io/posts/diva-conditional-donations-pastoralists-3)
+- [Introducing the ETH Gas Price Market - Hedging Against Rising Gas Costs](https://www.divaprotocol.io/posts/diva-eth-gas-market-launch)