Molidatuna
@molidatuna
She/her, student, living life one cast at a time.
Random captures of nature.
Here rn
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Recently @liquityprotocol announced a collaboration with @lagoon-finance.
In my previous post, I explained how you can borrow BOLD against Eth or any liquid staking coin you have.
Now you can earn yield/returns using the $BOLD borrowed by simply depositing into @lagoonfinance vault up to 13.41% Apr.
If you prefer...
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Tired and exhausted.
Tired and exhausted.
Really need a full body massage rn.
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Now you might be wondering why do I need to borrow $BOLD?
Now imagine you have a piece of land that you think might appreciate in value sometime in the future.
So instead of selling the land, you use it as a collateral to take out a loan and invest.
Now there are two things that could potentially happen.
One- your i...
I thought I understood how borrowing worked in crypto but diving into @liquityprotocolcol has made me understand the concept better.
Now imagine you have a token you don't want to sell off because you see a potential increase in the price in the near future. You can decide to stake it on @liquityprotocolprotocol.
The
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