In this video I explain how to use the MakerDAO Platform to borrow money through your hardware wallet, using Ethereum as collateral.
Creating a loan without going to a bank has never been easier.
What is a collateralised debt position (CDP)? - A CDP enables the generation of DAI stablecoins against the collateral (currently ETH) that you lock up in the CDP until you pay back the DAI you generated
https://cdp.makerdao.com/
🔐Ledger: https://www.ledgerwallet.com/r/f536
🔐Trezor: https://shop.trezor.io?a=esyfabvzr6zu