Oh I see. I am making decent profits by buying the tokens of DeFi projects. Not really by participating in DeFi. At this stage, DeFi yields are still more for whales. You can only see decent returns if

Nice, I have this as well

What do you mean whether it will work? Do you mean whether this strategy will work? Or do you mean if using ETH collaterals to borrow DAI will work? I am personally slightly leverage by using some of my

What if the guy used the 3 ETH as collateral to borrow 170 DAI and bought 1 more ETH? How much would it be worth now? ($395 * 4) - ($170 * 1.5) = $1325 [assuming an unrealistic perpetual interest rate

I avoid doing leveraged crypto trades. Crypto by itself is already very volatile, to leverage it further is highly risky

Yea, I am fortunate to have received 5500 KEEP so far 🙂

Happy to see someone playing for KEEP here on Hive as well 😉

I do find it a bit odd. Because the damage they could have done would be so much greater. Perhaps it is just a trial before a bigger event? Or a proof-of-concept. Though I do not understand why they will

Here is mine and I also wrote a post on this incident,

@tipu curate

After following everyone who had posted, here is mine, Twitter: CryptoCulgin 😉

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