Weekly Strats #1
Blog iconBrussa
May 23
Strategies of the week 1-7 August1) Agave + QiDao (Gnosis)Supply xDai as collateral on Agave (averages 5-15% APY, $10,000 example deposit)Borrow GNO against your collateral (averages 1.5-3% APY, $6,000 example borrow). Due to incentives you get paid to borrow.Deposit GNO in a QiDao Vault and borrow MAI against it (450% APR, $3,300 MAI borrow).For the QiDao vault there is currently no borrowing capacity available. You’ll need to watch the twitter page for notification of debt ceiling increases...

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