/biz/ - Business & Finance

>>19755632
Are you talking through a CDP or what?

>>19755878

I don’t know. The tools available are:

Maker CDP
Aave lending
Compound finance COMP token via borrow/lending
Curve finance

Some combination of that will yield massive returns. This chink talking about it

>>19755959
DELETE THIS

>>19755632
Shhh let bizz miss this to lol this shit is insane

any link to defi ?

>>19756027
hahahaha and the pajeets coming crawling out of the wood works

>>19755959
ill give you a hint, aave flash loans are the centerpiece

>>19756057
wood is comfortable, give me a link and eat a dick

>>19756073

You sure about that? Because flash loans are for solidity kiddies only and I doubt most of the people tweeting about this can code. Plus flash loans are winner take all, not like a lot of people can take advantage of it without killing yields

Put USDT as collateral in Compound, take out a DAI loan, collect interest fees and COMP. easy

>>19756073
No they are not lol kys pajeet
>>19755959
This si so good biz retards trying to figure out defi basics 2y later

YOU HAD 2 YEARS LOL

>>19756119
2 years ago I did even have electricity, more hint needed,

>>19756105
what do i do with the dai loan?

>>19756098
if you think this is all done manually, youre wrong.

>>19756119
>he doesnt know

last hint is pic related, some anon got close in this thread but im not saying any more

>>19756260

Dude you are dumb as fuck lol

>>19756096
you're asking for a link to "defi" and i just dont think you know how retarded that is. back to the hut ranjesh

>>19756310
i know im being baited for more info because youre a dumb nigger, but a parting gift to the rest of you who aren't faggots, pic related

>>19756260

>>19756119

That’s not DeFi farming. The anon above just described step 1.

You can take out a CDP to generate DAI to convert to USDT to take out a loan in Aave to the deposit in Compound to then loan against compound then stuff unto Curve...

It’s like an insane combo but I don’t know what order min-maxes yield.

>>19756365

Fuck off Chink. You’re probably Arthur butthurt for being called a chink. You and Pajeet asking for a link to DeFi can fuck right off

>>19756408
Doesn't that just build a bubble destined for collapse?

>>19756251
Figure it out. Maybe put it in some other DeFi? Convert it to USDT on curve rinse and repeat?

>>19756476

You can take out a loan against USDC which is fixed at $1.00 so the price can’t fluctuate - meaning you won’t get liquidated

>>19756408
>>19756431
>>19756199
Ok pay attantion since Im in good mood and this absolute retard sugesting 55 platforms anoys me :
>since 24h ago you earn comp tokens if you suply or borrow on compound pic related
>75%% of comp is going to USDT suply/borrow due to huge intrest in it
>so you just borrow dai swap it to usdt than lend usdt
>you can "fold" (repeat) this shit as many times as you like but liquidation risk rises 2x is like 99% safe im on 6x folds and 74% etc
>not only you dont need to use 5 platforms you can do it on all on compound AND you can do it all in 1 transaction using https://dsa.instadapp.io/compound# go on tab Maximize $COMP mining and pick parameters

Np and gl

>>19756408

USDT doesn't count as collateral to borrow against, on both Compound and Aave

>>19756312
link to defi or I rape you pajeet !

>>19756586
goaded into revealing the secret, god im so fucking good at manipulating people into doing exactly what i want them to do

>>19756586
Thanks good man

>>19756586

Absolutely based spoon feeding anon. Ty

>>19756586
Youre LARPing.
USDT can’t be used as collateral on compound faggot, you can’t ‘fold’ more than once using that platform alone

>>19756586
>>19756676
now sir please post a pic of your position, with your actual values not blocked out

this isnt some datamining psyop, genuinely curious how much youre willing to throw at this

>>19756676
kys retard I helped anon anyone could see how omegadumb are you "master manipulator" lol literally EVERYONE doing this and 10y old can google it no need to larp on pajeet board

Also for rest use instadap for everything defi doing evferything in 1 transaction will save you ALOT on fees

>>19756732
did 5 seconds of research, this anon is right. USDT collateral is 0%, DAI and USDC are 75% so either one of those would work, but the rates are dogshit.

best scenario would be to use another platform with your USDT to convert back into DAI and then fold that way

>>19756732
https://twitter.com/smykjain/status/1272634332599824390
https://twitter.com/Instadapp/status/1272610924860448769

Iill get brain cancer i sware form your posts

>>19756806
What are "C tokens" the post
I literally hope you never get it KEK

>>19756946
post position on instadapp

>>19756968
But anon I wont be master manipualted again I must be larping

KYS FAG keep fishing for most basic info on imageboard lol

>>19756586
I'm gonna look into this when my crypto position pays out. Thank you anon. Very based.

>>19756586
Thank you anon. Brainlet question, is this just a temporary exploit or can people take advantage of this for good? I won’t have money for a few weeks

>>19757139
The demand for USDT can't last. Also consider the FUD around USDT. Doesn't mean other stable coins wouldn't come into great demand though. As always, earlier is better.

What happens to these positions if we have another market crash? Or if more tether gets minted?

>>19756586
I have a 1000 dai in my wallet. what am i doing wrong?

>>19756073

derp.exe incorrect, stop trying to shill aave its dead - you just have to use COMPound, done.

>>19756586

Bump for a good deed

Best platform to swap usdt for dai?

>>19758286

curve

>>19756586
>https://dsa.instadapp.io/compound

Has anyone gotten this dapp to work? It's unusable pajeet shit. Wtf

IF THIS IS TRUE AND JUST THAT EASY THEN WHY ARN'T YOU ALL TRILLIONAIRES?

i went all in lend and used it as collateral to take out a loan to buy bancor. chadiest move ever

thoughts on Bidao anons? scam?

Won't the interest rates get lower and lower the more people figure this out?