this post was submitted on 24 Jan 2024
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DeFi

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If you want social change you have to speak the language Wall St. understands. Because thats where the power is. Perfectly legal, you will break a gentelman’s agreement when shorting the Dallor and thats exactly why the Liquity protocol gets attacked right now.

1.) Learn to master a DeFi protocoll and manage a trove. Gravita on Arbitrum for beginners. Look for the debt-in-front vs. total-minted ratio and keep the ratio @ ~ 50% so you dont get redeemed.

2.) Take out a Dallor dominated loan against ETH, buy more ETH with the loan - thats your short position.

3.) You’ll pay 0% interest for a life time.

4.) To spend your loan use XMR.

BTW, thats what the super rich are doing, a strategy called buy-borrow-die. Correctamundo, the rich are short on fiat thereby profiting from inflation. Now you can do it, too, and you’ll pay no taxes - legally.

If enough people are doing this it will have a psychological effect - and eventually a panic will ensue, because this racket (legacy system) is built on a house of cards. This is what we want to speed up things when the alternative system is ready to use. We are not there quite yet.

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