Alt season is a pond us...

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(Edited)

Call me crazy I bought AAVE's Lend via 5x Binance leverage, because of this guys information:

I digged a little deeper then just listening to this guy and understood that what LEND provide is extremely short term collateralized loans, but they only are used for one block or so, thats why there doesnt have to be any collateral. Not exactly what he explains, but what I understand is that this is a new financial instrument that can be very useful for some advanced traders/loan swappers, I would not use it myself, but can see the usecase and the potential so that is why I invested in the LEND token. I guess I would sell if goes up 10-25x within 1-2 months.

#altseason #defi #fullretardmode = lend with 5x leverage on Binance (4.2x leverage or medium risk)

I usually don't use leverage, but made an exception here... bite me if I go full retard on this over the next weeks... like my position for now...

/Lasse



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