Difference between revisions of "Collateralized Debt Positions"

Collateralized Debt Positions (view source)

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	Collateralized Debt Positions (CDPs) are a [[smart contract]] based systems allowing anyone to generate [[~~Dai~~]] by leveraging ~~Ethereum ([[ETH]])~~ as collateral.		Collateralized Debt Positions (CDPs) are a [[smart contract]] based systems allowing anyone to generate [[stablecoin]] by leveraging other asset as collateral.

	[[MakerDAO]]'s concept of a CDP is now one the most thoroughly tried and tested methods of decentralised [[lending]], and the most widely adopted means of doing so today.		[[MakerDAO]]'s concept of a CDP is now one the most thoroughly tried and tested methods of decentralised [[lending]], and the most widely adopted means of doing so today.