The crypto credit market needs regulation to mature
The Scoop
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The Benefits of Secondary Trading in Cryptocurrencies
The CP token represents, you know, the liquidity that you've provided to the pool. It accrues interest and it also represent the credit profile of the pool's borrow. So in a way, it's kind of like a digital bond certificate, if you like. And this gives us a lot of information on where the market price, the risk of that particular borrower.
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