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David Trrrrrrr 🦇🔊 Profile picture
David Trrrrrrr 🦇🔊
@daveytea
Founder @x23_ai My pronouns are e/acc Contributor: @dcv_capital
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)