Pesto
@pestofinance
Exploring a new type of strategy, spread shorts, with Pesto 📊. Bet on one token rising and another falling. Perfect your strategy with Pesto. https://pesto.finance
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Pesto
@pestofinance
Say you expect that ETH will rise from its $3500 price and BTC will fall from its $70k stance. Starting with $1,000 USDC, get 0.0114 WBTC for shorting, and convert to 0.2286 ETH via Pesto, all prepped for market dynamics.
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Pesto
@pestofinance
BTC drops to $60k, ETH climbs to $3,800. Pesto’s swap nets you $868.28 from ETH, while spending $684 to cover the BTC short.
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Pesto
@pestofinance
Netting a $116 profit on BTC and $85.66 on ETH, totaling $201.66, equates to a 20% return from your initial stake (minus gas and borrowing costs), thanks to Pesto's seamless strategy.
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Pesto
@pestofinance
Join the savvy traders leveraging Pesto for complex strategies made simple. For insights and tools, follow us. Stay ahead with Pesto. Try out spread shorts on Pesto yourself! Read the tutorial on our blog - https://mirror.xyz/pesto.finance/9Ih5Q2Z5eTi4Qg8g60wGoIpvqpej5-pWhSeySeCL5p0
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Pesto
@pestofinance
Check out our Telegram group for more savvy DeFi tips! - https://t.me/pestofinance This scenario is purely illustrative, not investment advice. It's a hypothetical scenario illustrating how Pesto could work, not a prediction. Always do your own research.
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