I have lots of LINK, what's best way to generate cash with it prior to staking?

[Anonymous No.23826394]

Centralized stuff is a non-starter but what about DeFi, anything worthwhile?

[Anonymous No.23826416]

>>23826394
deposit it into AAVE as collateral and then borrow against it. Basically trade with it on margin.

[Anonymous No.23826438]

>Deposit all your $link to AAVE as collateral
>Receive $aLink which is 1:1 w/ $link
>Borrow worthless fiat, exchange that for stinking LINK
>Deposit that to AAVE
>Increase stack
>Wait for peak
>Unload
>Repay debt
>Repeat

I just increased my stack from 30k to 40k and my health factor is at a comfy 2.75 It’s free real estate

[Anonymous No.23827110]

>>23826438
you didnt increase shit med you still owe that debt retard and you will not make it

[Anonymous No.23827140]

>>23827110
I’ll pay the debt off when we hit $20

[Anonymous No.23827160]

>>23826438
>2.75 hf on a 30k stack
this is just another level of greed lol

[Anonymous No.23827259]

>>23826394
How would I go about making something like op pic in my garden? Would it cost a lot to install and have heated? How about sanitisation? How many linkies would it cost?

[Anonymous No.23827272]

When the time comes you won’t have to cash out

[Anonymous No.23827295]

>>23827160
It’ll have to dump pretty low to liquidate me

[Anonymous No.23827401]

>>23826438
I'm a brainlet with this stuff but seems too much risk to me...

[Anonymous No.23827775]

>>23826438
This is just leverage trading, not saying it's a bad move but obviously it's not risk free, I'd keep a HF of at least 3+ if I were you. Anyway, good luck