AAVE is now live on dHEDGE Polygon. AAVE enables Managers to lend and borrow to create new strategies:.
08 Oct 2021, 08:38
π£ AAVE is now live on dHEDGE Polygon! π¦
AAVE enables Managers to lend and borrow to create new strategies:
πΉ Leveraged long and short positions
πΉ Hedging downside risk
πΉ Creating market neutral strategies while also earning yield!
Example:
π Leveraged long ETH - supply ETH as collateral, borrow USDC, swap USDC for ETH, add ETH as collateral on AAVE
π ETH short - supply USDC as collateral, borrow ETH, swap ETH to USDC.
This opens the door for new strategies on dHEDGE!
3 dApps are now available on dHEDGE V2, Sushi, 1inch and AAVE with more to come in the following weeks ππͺ