I came across several articles about the AAVE coin.
With AAVE it seems you can borrow from your coins by using your coins as a collateral.
The articles mentioned that if you want to enjoy the fruits of your "hodling", but selling is not an option, as in an uptrend if you sell, you deprive yourself of future potential big profits.
That's why you can use AAVE and just borrow from your own stash without having to sell one of your coins.
If this is really how it works it's an excellent idea of enjoying some of your profits without having to sell your coins which will continue to make money during this trend.
Of course this needs to investigated further, maybe there are people who have used AAVE and would like to share their experience.
Topic: AAVE let's you borrow from your own coins. Enjoy profits w. selling your coins. (Read 58 times)
February 06, 2021, 02:54:31 PM
Jump to: