What is Maya, and how does it relate to the states of bondage and liberation?

As described in Chapter 50, Maya is the supreme, indescribable illusion of name and form, which is very difficult to cross. Its dwelling place is the pulse of imagination itself. This chapter explains that the states of both bondage and liberation are born from imagination, which is the domain of Maya. Maya has ancient powers; from one power comes the state of bondage for the soul, and from another power comes liberation from that bondage. Therefore, the entire experience of being bound or becoming free is presented as an interplay of Maya's powers, originating from the mind's imaginative faculty.