I got the first half of #1. Everything is jiberish.
Discussion
10101 is a self-custodial wallet infused with trading, using DLCs (Discreet Log Contracts).
DLC-Channels is a novel L2, based on the principles of DLCs and Lightning to scale DLCs!
Using 10101, you can open a DLC Channel, and hedge or trade with leverage in a self-custodial fashion, with no counterparty risk and with no on-chain footprint!