1)Deposit LINK (You don't have to sell it) into AAVE 2)Borrow a stablecoin 3)Swap stablecoin with eth or wrapped btc on 1inch.exchange or uniswap 4)Deposit new eth or wrapped btc back into AAVE 5)Manage your risk tolerance and pay attention to your liquidation threshold
Your village is going to get very angry with you when you get all their Rupees liquidated.
Jacob Foster
I want to call this a scam or meme but I fail to see what the fatal flaw is.
Tyler Peterson
you're margin trading and have a nonzero risk of liquidation. also the aave smart contract could have a flaw that causes you to lose funds
Aaron Collins
imagine having an overleveraged positon like op and the a fucking market crash happens (as usual) like the 50% red dildo of a few months ago just imagine
Ryan Allen
Oh like the one where Maker basically completely failed and AAVE kept running without a fault?
Aiden Ramirez
Fuck MAKER long live AAVE Smart contract risk but that's what you accept when you are playing with money legos
Owen Ramirez
What about the AAVE token itself? Is it a good buy?
Elijah Allen
Not to mention, the AAVE token itself is an amazing hold. Comfy.
Justin Jenkins
I can't find any tutorials that explain this shit in depth but also easy enough for a brainlet like me to understand it.
Nolan Hernandez
Check the warosu for good links or just www.google.com duh
Christopher Collins
Trial and error is the best way. Just mess with small amounts first.
Unironically yes. It's a proven token model with extra incentives.
Jackson Morgan
Every time I google AAVE I get something about niggers.
Evan Peterson
What are the normal liquidation thresholds? Is a 20% move going to liquidate me?
Jaxson Campbell
Everytime I see AAVE over collaterized loan combos it makes me think of Killer Instinct
ULTRA ULTRA ULTRA ULTRA
I need to make an account its totally legit from my research, but if AAVE ever collapsed for whatever reason the money deposited is probably gone forever so don't deposit your entire stack there is all
Oliver Murphy
>give your LINK to Nigerians >everything will turn out fine!
You're just moving the same base value loan amount between currencies
Oliver Thompson
Yes, AAVE the platform is almost definitely fine, I don't know about LEND and its tokenomics though if it are worth investing in.
Luke Diaz
Absolutely. Mid term : 25-40 cents. Long term - $1+
Kayden Clark
Oh no a typo!!! Better sell all my BTC from 2010 before they corrected the Bitcoin whitepaper typos!!!!
Isaac Carter
FOLKS - Aragon Court (ANJ) is the real deal. Aragon is reinventing organizations and governance. With backers like Tim Draper and Brian Armstrong (Coinbase CEO), this thing is gunna moon soon.