David Trrrrrrr 🦇🔊 e/acc Profile picture
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)