Is this still a new paradigm?

I don't fuck with that stuff because I don't understand it.

Say ETH is $100. You stake 1 ETH as collateral and get 67 DAI. You need to pay 67 DAI back to get your ETH back. As long as ETH stays above $67 it remains in the CDP, if it goes lower than that you unfortunately get your ETH liquidated but you'll still have your 67 DAI. This DAI can be used for anything, including trading for other tokens or turning into .67 ETH to stake for ~45 DAI.

It's a bit more complicated than that though, you first have to wrap (tokenize) your ether and then pool it. there are also fees you have to pay when you close your CDP. I haven't done this and wouldn't recommend someone fo it without thorough research. Maker is a really good project though I might get some of their tokens after doing a bit more reading.

Utter scamcoin but WOW, it's got some fucking BEEFY whales. Gj holocuks, you picked the best scam.
Shut up you fucking brainlet no one wants to hear your stupid shitcoin picks you fucking nobody

You sound like a sad and bitter individual, I hope you find inner peace one day.

Holo is shit, just like sky. Fuck off with this pejeet bullshit. Link #1

I hope you find the cum I left in your mom's vagoo

My mum's dead.

I know

The absolute state