Developer documentation for the Maker System.
Trade with OasisDEX - our decentralized exchange.
A fully on-chain ERC20 exchange, with leverage by Maker.
Deposit collateral to access Dai-denominated credit.
Autonomous borrowing - borrow Dai by locking up ETH in the Maker collateral vault.
Compete for profit opportunities provided by the Maker platform.
Opportunities for arbitrage across DAI - PETH - USD pairs.
Re-invest borrowed Dai to build leveraged positions.
CDP owners can use borrowed dai to purchase more collateral on the open market, and then use that collateral to open another CDP, thus increasing exposure to changes in the value of the collateral.
It would easy for example imagine to write a contract that accepts ETH and gives you back a recursively leveraged CDP. Or an ERC20 token containing a CDP, which would kind of be like a leveraged ETH token (think leveraged ETFs on NASDAQ).
Buy dai as a shelter from volatility. Move value into dai during a periods of uncertainty.