Buy
To purchase a CDS:
Select the pool in which you intend to buy.
Click on the "Buy" button located on the right-hand side or in the drop-down menu under the "Buy CDS" section.
Input the desired amount of collateral you wish to purchase and proceed to submit the transaction.
The premium you'll need to pay is calculated as the product of the quoted premium percentage and the amount you're covering.
Once the purchase is completed, your Covered Collateral balance will increase.
Keep in mind that the maximum amount you can purchase is subject to the availability of collateral.
Last updated