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guillermo
@0xguillermo
how i'm using aurelius finance (or any other @cod3x chapters for that matter) to print money? a tiny thread 🧵
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guillermo
@0xguillermo
we first need to deposit some collateral on the ausd section of the app and open a position. navigate to https://app.aurelius.finance/positions in order to find it. 1/x
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guillermo
@0xguillermo
once you choose your collateral, deposit it and choose an amount to borrow, now you'll only have to monitor your position once in a while to stay reassured it's properly collateralized
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guillermo
@0xguillermo
then, you have som juicy $ausd that you can earn yield with knowing your position is a 0% interest position. you have a couple options: 1. deposit $ausd in the stability pool and earn a ~24% apy earned on wmnt (atm) 2. deposit $ausd into a lp in cleo and earn juicy juicy aprs 3/x
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guillermo
@0xguillermo
what do you do with those yields? i split my rewards into two portions: one side to $ausd again and repay my loan and the other one is converted to the principal asset i deposited so i can keep on getting my position bigger both actions help my cr (collateral ratio) to go up and a healthier position 4/x
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