Founder @x23_ai
Contributor: @AaveGrants, @dcv_capital, Prev: Genesis team dev @AaveAave, @spectra_finance ||| Agent of Order
Feb 4, 2020 • 8 tweets • 8 min read
I created the first 'Collateral Swap': Swapping the underlying collateral in a @MakerDAO Vault/CDP with another asset, using @AaveAave 's flash loan feature and @UniswapExchange for collateral conversion, all in one transaction w/o liquidation. 😇
#DeFi#composability#ethereum
Use case: swap the underlying collateral of a debt position for a better performing asset, without needing to payback the loan / lose your DAI position(s)