Ryan J. Shaw
@rjs
Pro tip: keep all your assets on Ethereum. The gas fees will stop anybody from stealing them from you 👌
6 replies
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wake
@wake
gas fees nearly stopped me from saving my CDP in March '20. stops the good guys too sometimes.
2 replies
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Terry Bain
@terrybain
I don’t know what a cdp is but that sounds bad.
1 reply
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wake
@wake
collateralized debt position. pledging money and borrowing against it. if the value of your pledged asset falls (relative to how much you've borrowed), you risk liquidation.
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