Ladies and Gentlemen!
Today Ill explain a #StableCoin strategy .
This one really shows the power of #DeFi but is a little more complex, * MAKE SURE THERE IS AVAILABLE $MIM TO BORROW FIRST. THREAD TIME;
Today Ill explain a #StableCoin strategy .
This one really shows the power of #DeFi but is a little more complex, * MAKE SURE THERE IS AVAILABLE $MIM TO BORROW FIRST. THREAD TIME;
Step #2: Deposit your 3CRV ( a receipt that you get for depositing your stables in the 3pool) to the convex wrapper on abracadabra.money 
Step #3: Borrow against that 3CRV at 85% LTV ( your collateral is 85% of the loan)
Step #4: You can convert the $MIM to more $3CRV and compound your returns. OR deposit straight into the mim3pool.
With this strategy the risk of liquidation is much lower as your borrowing against #StableCoins. Still there are risks in any strategy and this one is more advanced. #PlaySafe on your journey to #FinancialFreedom
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