ICDP
Individual Collateralized Debt Position
This documentation is a work in progress!
An individual collateralized debt position allows an account to create new Kresko Assets. 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 minimum collateralization ratio 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 collateralization ratio 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.
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