Ethan Winter

Joined May 2019 17 Followers

Ethan Winter

What is the MakerDAO CDP?

8 Jun 2019 3 minute read Ethan Winter $3.05 tipped

The MakerDAO CDP is a financial instrument that has never existed before in the history of the world, save for governments themselves. CDP stands for Collateralized Debt Position, and is very similar to how a person with a mortgage could get a loan a...