Nugget's News Crypto & Finance Podcast artwork

MakerDAO Tutorial - How To Create A Loan

Nugget's News Crypto & Finance Podcast

English - November 02, 2018 04:23 - 8 minutes - 11.6 MB - ★★★★★ - 5 ratings
Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: #AskNugget S01E13 - How Will Projects Survive Running Out of Money?
Next Episode: Weekly Crypto Market Update Nov 4 2018 - Bitcoin Adoption Accelerating

In this episode I explain how to use the MakerDAO Platform to borrow money through your hardware wallet, using Ethereum as collateral. Creating a loan without going to a bank has never been easier.


What is a collateralised debt position (CDP)? - A CDP enables the generation of DAI stablecoins against the collateral (currently ETH) that you lock up in the CDP until you pay back the DAI you generated


https://cdp.makerdao.com/


Date of Recording: Nov 2, 2018


Don't forget to Review, Subscribe and Share this Podcast around!


YouTube Version of this Episode: https://youtu.be/sLRDWTtNC04


Nugget's News (Twitter): https://twitter.com/NuggetsNewsAU


Disclaimer: I AM NOT A LICENSED FINANCIAL ADVISOR. MY VIEWS ARE GENERAL IN NATURE AND SHOULD NOT BE TAKEN AS FINANCIAL ADVICE. ALWAYS DO YOUR OWN RESEARCH BEFORE INVESTING ANY MONEY.v


 

Twitter Mentions