Slappy
February 5, 2023, 7:52pm
1
I saw this post
I’d love to hear from the Third Eye Tribe about other trading and yield strategies that you’re going to be using once the protocol is live
A. Long
Buy iETH from a Danaswap
Deposit iETH to a stability pool to earn INDY
Stake INDY to earn INDY
If the price of ETH rises pm increases cr decreases. If cr < MCR, then collateral debt positions in the iETH pool are liquidated
Your iETH is burned and you receive the liquidated collateral
B. Short
Mint iDOT using dUSD for collateral
Sell iDOT …
But I’m curious if anyone else has any other strategies they would like to share. Dipping my toe into defi.
Cheers!
Lourde
February 6, 2023, 2:20am
2
DCA into CDP for ADA and INDY
1 Like
Slappy
February 7, 2023, 5:04pm
3
Nice so I would lock up my ada for Iusd and buy more ada and stake indy?
Slappy
February 7, 2023, 5:06pm
4
I would probably do the first one after It becomes a bit obvious that the bear market is over. I do belive ETH has upside and therefor iETH has upside.
