AAVE Long BTC.b

Manual and

risks

Instruction:

  1. Deposit Collateral: Deposit BTC.B into Aave.
  2. Borrow stable coin: Borrow USDC against the collateral.
  3. Reinvest: Optionally reinvest BTC.b.

Risks:

  1. Liquidation Risk: As with other borrowing strategies.
  2. Smart Contract Risk: Aave’s deployment on Avalanche has not had major issues, but cross-chain operations increase complexity.
  3. Network Risk: Avalanche’s young ecosystem can be prone to network issues and lower

Details

Risk score

2.4

BTC
Recomended period

15 month

network

Avalanche
owner address

0xbc4c...f13d

AAVE Long BTC.b

Using Aave on the Avalanche network, this strategy involves taking a long position on BTC.b.

25-57%

APY