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Solana· 2026-02-19 10:15
RT Asgard Finance (@asgardfi)TL;DR on what is a Credit Backed Position:Deposit collateral, get a credit line (up to 10x)Your collateral + credit line buys your favorite spot asset on Solana's deep spot liquidityYou own exposure to the actual asset, rather than a synthetic/derivativeNative yield accrues to your position where some CBPs have positive carry where the yield on the asset exceeds the cost of credit i.e you get paid to holdLiquidation is designed to de-risk, not close the entire position as credit ...