We are working on a limited portfolio. It hurts the most when you want to buy more but run out of stables. Now, selling your funds at a loss to buy
Advanced traders can use Defi to get more stables out of their existing holdings. Here are three ways to do it:
1) Mantle
You can get USDT worth 40% of your MNT holdings. First, you need to visit their website. Supply 100% of the MNT you hold. With this tool, you can earn 13.95% APR for supplying. In the Borrow section, you can borrow USDT from your MNT deposits. You can do this by borrowing MNT directly from your MNT holdings and selling MNT to get USDT.
2) Sui
You can get an SUI worth 35% of our SUI holdings. First, you need to visit Suilend. Then, deposit SUI for 5.96% APR. Now, you can borrow SUI on your deposits at a 35% rate.
3) Get more stables out of your ETH holdings
Since we hold a considerable amount of ETH, lending, and borrowing are not a great idea because of the high fees. We have picked two coins with minimal volatility risks to lend and borrow.
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