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RE: The Buy, Borrow, Die Strategy | Creating Long-Term Wealth With Crypto

in LeoFinance6 months ago

I believe the minimums are a bit on the higher side for BTC. I namely use MakerDAO and have been for years. The minimum there is a few thousand $$ if I remember correctly.

Thorchain recently introduced lending with much smaller amounts.

I know splinterlands has undergone a lot of changes recently. Seems like things are on the up and up so I am hopeful for your position there.

LEO is a big one for me. I explained it a bit in the post but Maya's team is building lending and LEO will be a usable asset in it. So you'll be able to earn LEO yield on inleo.io and use that to collateralize for loans on https://leodex.io

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Explain this a bit, how do we earn a yield

You earn yield by depositing LEO and CACAO into the LEO-CACAO Liquidity Pool

That's great, is there a minimum amount...

Nope I don't think so. Just an amount that can reasonably cover the cost of fees and what-not. Fees are very low on arbitrum and Maya

I'd say anywhere north of $25 would be feasible IMHO