Phase 1 – Platform Launch

  • The platform goes live, allowing users to deposit collateral and borrow blue-chip cryptocurrencies like USDC, ETH, and BTC

  • Users can borrow against their collateral with fixed interest rates, making it more predictable than traditional variable rate loans

  • Users can stake their PDP in the Stability Pool, which helps manage risky loans and prevents cascading liquidations

  • Participants in the Stability Pool earn rewards for helping keep the platform secure

  • This phase focuses on core lending functionality and establishing the stability mechanisms

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