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🧵1/6 Have $ETH, don't want to lose your $ETH exposure. Follow the following thread. #GodHatesNFTees #ApeHaterClub @SrPetersETH @SrPetersLAB @GodHatesNFTees @AbsentFromThebs @Mouflon77 @TTRR00YY @veazydoezit
🧵2/6 First take your $ETH and convert this to $STETH using either curve.fi or cowswap.exchange/#/swap?referra… check for the best rate. I like to use Cowswap as it doesn't use any Gas and provides MEV protection.
🧵3/6 Take your $STETH and deposit it as collateral on @AaveAave , this is a battle-tested Defi Borrowing/Lending Platform. After the Deposit of $STETH take out a loan in $ETH, your assets and liabilities are now correlated at 1 and there is therefore low risk of liquidation.
