OmniCDP Modules

Introduction

The Collateralized Debt Position, or "CDP" module enables users to earn a yield on their assets in Carbon, as well as take out loans on their deposited assets. This is also known as a money market.

The CDP module also allows for the minting of a USD-pegged stablecoin, known as USC.

Key Features

Here are the main operations of the CDP module:

• Lend: Users can lend multiple assets at a time, to earn an interest on each of their assets.

• Borrow: After depositing assets for lending, users can choose to use their deposits as collateral on a loan for other assets.

• Mint: After collaterizing their lent assets, users can also choose to mint the Henez stablecoin, zUSD

• Liquidate: When a position is considered risky, users are incentivized to help repay the position’s debt. They earn a liquidation bonus as this action values the position's collateral value at a discount.

• Rewards: The CDP module supports external rewards for lending or borrowing a particular token. This allows external communities to bootstrap and vibrant money market for their token on Carbon.