Difference between revisions of "Collateralized Debt Positions"
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Collateralized Debt Positions (CDPs) are a [[smart contract]] based systems allowing anyone to generate [[ | 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. | ||
Latest revision as of 12:28, 8 August 2022
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.