🥈🔁 Defi Bot

rETH, liquid staking solution for ETH2.0 Staking.

🥈 DEFI Bot

Our Bot deposits stable coins in Compound Finance & Aave protocols then borrow DAI and deposit it back in pool. Borrows ETH against DAI and then stake ETH to get rETH.

Stake 10 eth and get approx 10 rETH. Borrow 6 ETH against the 10 rETH. Stake the 6 ETH and get 6 rETH. Repeat. Maximizing profits.

👉 To borrow rETH, there's no liquidation risk (just like Alchemix ETH/alETH). There's a fair bit of smart contract risk, but the price of ETH could crater to $1 and loan would still be fine.

👉 Even borrowing DAI against rETH will be fairly safe provided we mind our liquidation point. Automated systems is built for this as well that will detect when we're too close to liquidation and add more funds to increase collateralization.