Hey all,
I understand the principals of CDPs but my mind is bugging out when it comes to the penalty payed to liquidators if the collateralization ratio goes below 150%.
Can anyone explain this in a more digestible way?
Much appreciated.
Hey all,
I understand the principals of CDPs but my mind is bugging out when it comes to the penalty payed to liquidators if the collateralization ratio goes below 150%.
Can anyone explain this in a more digestible way?
Much appreciated.