ICDP
Individual Collateralized Debt Position
Last updated
Individual Collateralized Debt Position
Last updated
This documentation is a work in progress!
An individual allows an account to create new . Each account has control over the management and risk of the position, meaning it can be isolated with a single collateral and debt asset, or a diverse strategy with multiple assets.
The same and liquidation threshold applies to all positions. Collateralization ratio of a position must be above the MCR to mint Kresko Assets, this ratio is directly increased by repaying debt or depositing more collateral.
A below the MCR does not make a position liquidatable. This happens when the ratio is below the liquidation threshold, which is lower than the MCR.