Pesto (pestofinance)

Pesto combines borrowing and swapping into one transaction, simplifying an otherwise cumbersome process. Borrow from Aave and sell on Uniswap in one smooth step, eliminating the manual hassle.

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Pesto also introduces a new primitive called the 'spread short', allowing users to short one asset and simultaneously long another, using only half the collateral required to achieve similar exposure through incumbent protocols.

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Key benefits of using Pesto: ✅ Lower gas costs ✅ Independent risk management ✅ Borrowing rates cheaper than perpetuals ✅ Earn interest on positions ✅ Lower liquidation risk at lower leverage

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Check out the frame we prototyped for ETH Global Frameworks. Want to be one of the first to snag one of our NFTs? Stay tuned for the official drop. https://ethglobal.com/showcase/pesto-bowl-oorsf #ethglobal #frameworks

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