Kolibri uses CDPs (referred to as an Oven) to collateralize a soft pegged USD-stable value asset, kUSD. Each Oven has four functions:
Deposit: Place XTZ into the Oven; Withdraw: Remove XTZ from the Oven; Borrow: Borrow kUSD against the Oven using XTZ as collateral; Repay: Repay kUSD that was borrowed against the Oven.
Alert feature will be unlocked when there are over 500 followers, and the followers will be able to receive key updates of significant events occurred such as price drop, volume climb etc.
Kolibri uses CDPs (referred to as an Oven) to collateralize a soft pegged USD-stable value asset, kUSD. Each Oven has four functions:
Deposit: Place XTZ into the Oven; Withdraw: Remove XTZ from the Oven; Borrow: Borrow kUSD against the Oven using XTZ as collateral; Repay: Repay kUSD that was borrowed against the Oven.