How to open a CMP

CMPs combine our Mortgage and Earn products enabling you to borrow against your deposited asset with 98% synthetic USD stable coins whilst retaining upside exposure through the mortgage position

Navigate to the markets page and identify which product card offers the asset you wish to borrow against

(i) Check that the asset price matches the current market price (unlike Mortgages CMPs use the current market price to set the value for your Mortgaged asset)

(ii) Click on the CMP button to enter the CMP page

(i) Enter the amount of the asset you wish to borrow against in the input box (ii) Check the amount of synthetic yielding stable coins you will receive. This will be 98% of the USD value of the assets you are depositing (iii) Check the size of the loan amount within the Mortgage (this does not include the 2% deposit/down payment)

(iv) Check the mortgage monthly repayment amount

(v) Check the interest rate of the Mortgage position yo will be receiving

(vi) Ensure you have enough funds to create the position in your connected wallet (example cbBTC) and click the Open CMP button