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/biz/ - Business & Finance

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>> No.29449151 [View]
File: 141 KB, 1542x1806, magicmoney.png [View same] [iqdb] [saucenao] [google]
29449151

>>29448722
sorry I messed that up, I'm still getting it straight myself.
remember, sFTM is just your locked collateral that you're borrowing against, so you'd need to
>mint fUSD from your sFTM (after price has gone up, now your sFTM is worth more fUSD, this will take away from your c-ratio surplus, but you only need .55 cents, so youd need to borrow just that plus the microscopic .5% fee)
>repay your fUSD debnt with that minimal fUSD you just minted
>no more debt

pic related is what I've done. I borrowed fUSD, and bought wFTM with it. once the price goes up, I'll shave some of that wFTM off and repay the fUSD because it's worth more, this will effectively raise my stack.

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