Building blocks for a tokenized credit market

Liquidity Provider Tokens

cpTokens are pool specific LP tokens.
As an LP, when you provide liquidity to a pool, you will receive cpTokens relevant to that specific pool in return.
cpTokens have three main characteristics:
  1. 1.
    They represent the amount of liquidity that has been supplied to a specific pool
  2. 2.
    They accrue the interest rate for that pool on every Ethereum block
  3. 3.
    They represent the risk profile of the pool borrower
cpTokens can be redeemed at anytime, subject to liquidity, or can be traded in a secondary market, giving LPs an additional source of liquidity.
cpTokens are the building blocks for a broader system of tokenized credit and risk management.
Coming soon
  • Secondary market trading
  • Token stripping
Last modified 1mo ago
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