Another banger on Fluid DEX v2 by @letsgetonchain! One very important use case of DEX v2 is when you want to close your ETH collateral & USDC debt position. You can refinance the position to DEX v2. Creating a out of range range-order with ETH collateral (for eg from $3000-4000) while keeping your USDC debt intact. Allowing you to sell you ETH at an average price of 3464.10 which collecting massive trading fees on the range order during that time. If ETH starts to crash in between of your range order, your range order can again convert fully in ETH but you will end up collecting 10-20% in fees during those 3-4 months. I'll be playing around with this a lot. DEX v1 unlocked hidden capital potential. DEX v2 will further exponentially amplify on that! By broadening the overall LP base. Fluid! ๐ŸŒŠ๐ŸŒŠ๐ŸŒŠ๐ŸŒŠ๐ŸŒŠ twitter.com/smykjain/status/20...

From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments