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What is Kolibri?
Kolibri is an Tezos based stablecoin built on Collateralized Debt Positions (CDPs) known as Ovens. Kolibri uses CDPs to collateralize a soft pegged USD-stable value asset, kUSD. Data is provided via the Harbinger Price Feed via the Oracle contract.
Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.
