How to obtain collateral

cdcETH, cdcBTC, and LCRO are tokens accepted as collateral on Orby Network.

What is cdcETH, cdcBTC, and LCRO?

cdcETH is essentially a receipt token representing your staked Ether (ETH) and any accrued staking rewards. Read the official whitepaper here.

cdcBTC is a token backed 1:1 by native Bitcoin (BTC), with the underlying BTC securely held in cold storage under Crypto.com’s custody. Read the whitepaper here.

LCRO is a liquid staking token that represents staked CRO through Veno. It is a yield-bearing, auto-compounding asset, allowing users to passively earn staking rewards. Read more here.

How to Acquire these collaterals?

There are several ways to acquire CDCETH, CDCBTC, and LCRO.

• On a DEX: Purchase them on open markets (such as on VVS Finance).

• On a CEX:

  • For CDCETH:

    • Purchase or stake for cdcETH using this official guide as reference.

  • For CDCBTC:

    • Using this guide as reference