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Defi Saver: Introducing 1-transaction CDP closing powered by flash loans

The idea of one-tx CDP deleveraging (sometimes also called self-liquidation) is that you get to pay back all of your debt with the collateral contained within the CDP, effectively closing the collateralized debt position. This mechanism could be used either as a stop-loss, to prevent the need to continuously unwind one’s position (i.e. Repay) during a downward market trend, or as a way to close the position and collect profits after a bull run, the choice is up to you and the market gods.But you don’t have to bother too much, because this option is available as a single transaction feature in the DeFi Saver MakerDAO dashboard starting today.😎

What do you think?

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