π§΅2/6 First take your $ETH and convert this to $STETH using either curve.fi or cowswap.exchange/#/swap?referraβ¦ check for the best rate. I like to use Cowswap as it doesn't use any Gas and provides MEV protection.
π§΅3/6 Take your $STETH and deposit it as collateral on @AaveAave , this is a battle-tested Defi Borrowing/Lending Platform. After the Deposit of $STETH take out a loan in $ETH, your assets and liabilities are now correlated at 1 and there is therefore low risk of liquidation.
π§΅4/6 Either repeat step 2 + 3 again (borrow ETH convert to $STETH) gaining higher yield on your $STETH or use the $ETH loan to purchase a future bluechip NFT (I personally am bullish on #GodHatesNFTees & #ApeHaterClub) and these are the steps I follow to get lower risk leverage.
𧡠5/6 I have created a private discord for all holders of the @ApeHaterClub Terminator Trait (below), I will teach you the above and more financial explorations from the perspective of a Chartered Accountant who works for a Crypto Hedge Fund #NotFinancialAdvice#ifyouknowyouknow
π§΅6/6 Remember to check your AAVE health factor, ensure it's over 1.07 on the Degen side to 1.15 on a more conservative side.
FYI if you do this strategy you can use @DeFiSaver to automatically manage your position.
β’ β’ β’
Missing some Tweet in this thread? You can try to
force a refresh