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meta-david 💥| Building Scoop3
@metadavid
This is EXACTLY a where you'd want to use Chain Savings Bank. Situation: You want to earn $10, but you don't want to sell your $ETH or $cbBTC. You can hold your $ETH/$cbBTC AND earn the rewards through Chain Savings Bank. 1) Deposit your $ETH/$cbBTC to Chain Savings Bank 2) Take a loan against your $ETH/$cbBTC in $USDC 3) Deposit your $USDC to Farcaster and earn your rewards. This way you're earning your rewards AND if $ETH and/or $cbBTC go up, you still have that and benefit from its exposure. Kind of a no-brainer, TBH. Chain Savings Bank is powered by the @aave protocol. https://farcaster.xyz/miniapps/v6a95EAaaPCY/chain-savings-bank NFA.
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Stuart
@olystuart
Basically what I said in my reply to dwr about the usdc except my phrasing was more like "c'mon lemme leverage it to buy shitcoins" 😅
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