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kugusha 🦋
@kugusha.eth
1. Borrow USDC against cbBTC on Morpho (negative rate, +15% in USDC) 2. Earn yield on USDC +9-15% profit 👀
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Ishika
@ishika
just started to lend on Morpho! i am a defi noob no matter how many people explain it to me lol, but i wanted to ask: - what is the risk? or how can i evaluate the risk in each vault? - my existing position on moonwell was picked up here, do I earn Morpho on that?
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Ishika
@ishika
@kugusha.eth also i am trying to learn how does one grow wealth long term with defi? is lending and staking the way? I am quite bad at this lol, been trying to figure out where to invest my extra cash. I have some of course in the trad fi stock market, but want to explore more ways on crypto
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kugusha 🦋
@kugusha.eth
Nfa 😂 but that’s one way of doing it Personal example, I’m bad at trading, but I have some $$ sitting in my wallet. I’m comfortable with taking certain risks and put this money to lending protocols like Morpho or Moonwell to get yield on my $$. From time to time I could ape for some memecoin but it’s just to feel something
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Ishika
@ishika
Haha! cool okay same here. I really though wish there be a wallet where I can just keep my assets and have it automatically accrue interest for you while ur assets sit there. Kinda like how coinbase automatically gives you 4.7% APY for keeping USDC sitting in your account. Personally managing all my assets in the Defi world is scary. Cause i will go lend and sometimes and I'm scared I will forget my assets sitting on some other protocol. Though most cases they give back some asset in return for you to remember.
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