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Extract Value without selling asset

TheAsYLuMkeY · 2021-10-25 13:31:11

The biggest regret in Crypto is selling the asset and then watching it rise in price, what if there was a way to extract value against that asset without selling that asset (which is what all the wealthy people do over and over again) This is one way,

25-10-2021 02:31PM

#1

TheAsYLuMkeY

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Posts: 626

The biggest regret in Crypto is selling the asset and then watching it rise in price, what if there was a way to extract value against that asset without selling that asset (which is what all the wealthy people do over and over again)
This is one way,
https://medium.com/%40cryptographicpro/liquid-loans-interest-free-liquidity-98aa1f318f5

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Comments

#2 25-10-2021 02:55PM

massdebater

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Posts: 2171

Nice idea with 0% interest! Although it might get messy with a newer coin likely to be volatile, causing liquidations. It'll be interesting to see how this pans out.
1% Celsius loans is pretty good at the minute and can be used with the likes of BTC, ETH and more traditional coins.

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#3 25-10-2021 03:44PM

ScissorPaperRock

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Posts: 2665

There are lots of ways of doing this, including staking, providing liquidity, lending, borrowing. Lots of defi options on the likes of the Terra, Fantom, and Harmony One networks (and many more).
You can even earn interest on borrowing in some cases.

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