Aave’s platform not only facilitates lending and borrowing digital assets but also introduces a versatile feature: the SWITCH option for both supplied and borrowed assets. This functionality shines when adjusting strategies in response to changing APYs or seeking more favorable lending and borrowing conditions. If you want to know more about supplying and borrowing on Aave, read my article “Aave simplified: Supply, Borrow and Grow”. What you will find in this article:SWITCHING SUPPLIED ASSETS...

Aave’s platform not only facilitates lending and borrowing digital assets but also introduces a versatile feature: the SWITCH option for both supplied and borrowed assets. This functionality shines when adjusting strategies in response to changing APYs or seeking more favorable lending and borrowing conditions. If you want to know more about supplying and borrowing on Aave, read my article “Aave simplified: Supply, Borrow and Grow”. What you will find in this article:SWITCHING SUPPLIED ASSETS...

What you will find in this article:Rabby Wallet stands out as a versatile and secure option for managing your crypto assets. Here’s a step-by-step guide to get started: Download and install the Rabby Extension for your Chrome browser:Visit the official Rabby official website at rabby.io .Go to the “Extension (released)” section and download the extension for the Chrome browser. 💡Tip: consider pinning it for quick access.Add addresses to your wallet: To begin, you’ll need to add addresses to ...

What you will find in this article:Rabby Wallet stands out as a versatile and secure option for managing your crypto assets. Here’s a step-by-step guide to get started: Download and install the Rabby Extension for your Chrome browser:Visit the official Rabby official website at rabby.io .Go to the “Extension (released)” section and download the extension for the Chrome browser. 💡Tip: consider pinning it for quick access.Add addresses to your wallet: To begin, you’ll need to add addresses to ...

Extra Finance features some highly attractive lending pools for stablecoins, offering more than a 20% APY at the time of writing. The goal? Deposit dollars and receive dollars back with interest ranging between 20% and 40%. To put it into perspective: depositing $1,000 could result in up to $1,400 after one year. What you will find in this article:What you need:A wallet.USDC on the BASE network for depositing.ETH on the BASE network to cover transaction costs.How to deposit into Lending Pool ...

Extra Finance features some highly attractive lending pools for stablecoins, offering more than a 20% APY at the time of writing. The goal? Deposit dollars and receive dollars back with interest ranging between 20% and 40%. To put it into perspective: depositing $1,000 could result in up to $1,400 after one year. What you will find in this article:What you need:A wallet.USDC on the BASE network for depositing.ETH on the BASE network to cover transaction costs.How to deposit into Lending Pool ...

Navigating Aave involves understanding how to manage your supplied assets and repay your debts efficiently. If you are new to supplying assets on Aave and need guidance, you can start with this article on how to do so. This guide breaks down the essential steps for repaying debts and withdrawing supplies, ensuring you maitain a healthy portfolio and avoid liquidation risks. What you will find in this article:Crucial note: before withdrawing your supply on Aave, it’s necessary to repay any ous...

Navigating Aave involves understanding how to manage your supplied assets and repay your debts efficiently. If you are new to supplying assets on Aave and need guidance, you can start with this article on how to do so. This guide breaks down the essential steps for repaying debts and withdrawing supplies, ensuring you maitain a healthy portfolio and avoid liquidation risks. What you will find in this article:Crucial note: before withdrawing your supply on Aave, it’s necessary to repay any ous...

The Challenge: Importing Addresses into Rabby Desktop Wallet In the ever-evolving landscape of decentralized finance (DeFi), Rabby desktop wallet emerges as a promising tool, currently in its beta phase. While this desktop wallet boasts an array of features, including compatibility with hardware and mobile wallets, it presents a unique challenge: the inability to directly import addresses using their private keys. However, in the world of DeFi, challenges are opportunities in disguise. The Un...

The Challenge: Importing Addresses into Rabby Desktop Wallet In the ever-evolving landscape of decentralized finance (DeFi), Rabby desktop wallet emerges as a promising tool, currently in its beta phase. While this desktop wallet boasts an array of features, including compatibility with hardware and mobile wallets, it presents a unique challenge: the inability to directly import addresses using their private keys. However, in the world of DeFi, challenges are opportunities in disguise. The Un...

As market conditions fluctuate, strategically increasing leverage can enhance your position’s profitability. This brief guide provide essential steps for upscaling your leverage in Extra Finance protocol farming when the asset prices increase. What you will find in this article:Increasing your leverage 1) Initiate from the position panel: navigate to the “Add collateral” option in the main panel of your position, clicking the “Add” button.2) Position update options: upon “Update [your pool] P...

As market conditions fluctuate, strategically increasing leverage can enhance your position’s profitability. This brief guide provide essential steps for upscaling your leverage in Extra Finance protocol farming when the asset prices increase. What you will find in this article:Increasing your leverage 1) Initiate from the position panel: navigate to the “Add collateral” option in the main panel of your position, clicking the “Add” button.2) Position update options: upon “Update [your pool] P...

In the previous article “Extra Finance farming: Elevating Leverage”, the focus was on how to increase leverage for farming deposits on Extra Finance. Equally crucial is for users to understand how to decrease leverage to increase the safety margin between the asset’s current market price and the liquidation price set in their farming deposit according to their leverage level. This understanding is vital because if the asset price fall to the liquidation price, the deposit would be liquidated,...

In the previous article “Extra Finance farming: Elevating Leverage”, the focus was on how to increase leverage for farming deposits on Extra Finance. Equally crucial is for users to understand how to decrease leverage to increase the safety margin between the asset’s current market price and the liquidation price set in their farming deposit according to their leverage level. This understanding is vital because if the asset price fall to the liquidation price, the deposit would be liquidated,...

Velodrome Finance stands out as the premier decentralized exchange on the Optimism blockchain, offering a user-friendly platform for token swaps, among other features. Here’s a straightforward guide to making swaps on Velodrome. What you will find in this article:STEP-BY-STEP SWAP PROCESS 1)Access Velodrome visiting velodrome.finance. 2)Click on the “Swap” option in the menu bar.3)Choosing your swap tokens:From token: select the token you wish to swap and specify the amount. Velodrome display...

Velodrome Finance stands out as the premier decentralized exchange on the Optimism blockchain, offering a user-friendly platform for token swaps, among other features. Here’s a straightforward guide to making swaps on Velodrome. What you will find in this article:STEP-BY-STEP SWAP PROCESS 1)Access Velodrome visiting velodrome.finance. 2)Click on the “Swap” option in the menu bar.3)Choosing your swap tokens:From token: select the token you wish to swap and specify the amount. Velodrome display...

Following our guide on the Rabby Wallet extension for Chrome, we now turn to the desktop version. This article will walk you through downloading and installing Rabby Wallet for desktop, streamlining your digital asset management. What you will find in this article:Download and Installation:Visit the official Rabby Wallet website: rabby.ioNavigate to “Desktop-Released” and download the version compatible with your operating system (current available for macOS Intel, macOS M1/M2 and Windows).Se...

Following our guide on the Rabby Wallet extension for Chrome, we now turn to the desktop version. This article will walk you through downloading and installing Rabby Wallet for desktop, streamlining your digital asset management. What you will find in this article:Download and Installation:Visit the official Rabby Wallet website: rabby.ioNavigate to “Desktop-Released” and download the version compatible with your operating system (current available for macOS Intel, macOS M1/M2 and Windows).Se...

NFTs have revolutionized the world of art and digital ownership, providing a unique and secure way to own and trade digital assets. Zora stands out as a prominent platform within the NFT ecosystem, enabling artists and creators to mint, sell, and trade their works in a decentralized manner. This article will walk you through the process of minting you own NFT on Zora, opening the door to a world of possibilities in the creation and marketing of unique digital assets. How to mint an NFT on ZOR...

NFTs have revolutionized the world of art and digital ownership, providing a unique and secure way to own and trade digital assets. Zora stands out as a prominent platform within the NFT ecosystem, enabling artists and creators to mint, sell, and trade their works in a decentralized manner. This article will walk you through the process of minting you own NFT on Zora, opening the door to a world of possibilities in the creation and marketing of unique digital assets. How to mint an NFT on ZOR...

Following the previous article “Extra Finance farming: Elevating leverage” on enhancing farming leverage with Extra Finance, this article focuses on obtaining the veEXTRA boost to unlock even higher leverage levels. What you will find on this article:The Extra finance protocol offers special leverage options in its farming section for some pools. To access these special leverages, the protocol requieres one condition: owning veEXTRA of a certain value, which varies depending on the pool where...

Following the previous article “Extra Finance farming: Elevating leverage” on enhancing farming leverage with Extra Finance, this article focuses on obtaining the veEXTRA boost to unlock even higher leverage levels. What you will find on this article:The Extra finance protocol offers special leverage options in its farming section for some pools. To access these special leverages, the protocol requieres one condition: owning veEXTRA of a certain value, which varies depending on the pool where...

Aave is a decentralized finance protocol that offers a platform for overcollateralized loans, allowing users to deposit assets as collateral to borrow other assets. What you will find in this article:Essentials for Getting Started:A wallet: to connect and interact with Aave.Asset to supply: for instance, ETH.Opportunities on Aave:Supply an asset: earn growth through APY.Utilize as collateral: borrow other assets, simultaneously growing your original asset through APY.How to supply on Aave: 1)...

Aave is a decentralized finance protocol that offers a platform for overcollateralized loans, allowing users to deposit assets as collateral to borrow other assets. What you will find in this article:Essentials for Getting Started:A wallet: to connect and interact with Aave.Asset to supply: for instance, ETH.Opportunities on Aave:Supply an asset: earn growth through APY.Utilize as collateral: borrow other assets, simultaneously growing your original asset through APY.How to supply on Aave: 1)...