I just had the craziest, stupidest, most stressful @ether_fi experience ever. It goes like this... Over time, EtherFi became my main card, but I was only depositing whatever I needed for the next couple of weeks. I was, however, aware of their borrowing product, and the spread between borrow (3.8%) and earn (6%) was tempting me. After upgrading to Luxe and getting $50k account protection, I finally pulled the trigger and deposited 4 $PAXG. Then I borrowed $12k and deposited it into the LiquidRWA vault, earning 6.2%. Nice. But wait... I can borrow more? Well, yes, because LiquidRWA acts as collateral. So I let the degen in me take the reins and borrowed/deposited another 6k. My health score was 1.7 - a very healthy number for a gold/USD-backed loan. Now this is where the trouble started... Noticing my spendable amount was just $20, I contacted support, where they kindly explained that the RWA vault is not spendable (only LiquidUSD is). OK. whatever... I’ll just move funds. >7 day withdrawal period ffs... could have told me before I dumped money into it. In the meantime, I went out to get some lunch and continued chatting with support. Only $10k withdrawable, not the full $18k? Right... I’m leveraged. As I continue my trek toward the lunch place and it starts raining, I press the ominous “Withdraw” button. A couple of minutes later, I’ve just picked up the meat and am looking for cover from the rain when I check the app again and see a red triangle 🔺 What in the world is this now?? Liqui... LIQUIDATION WARNING!!!!! Turns out that, unlike borrowing - where the app prevents you from borrowing too much - this safeguard is bypassed when you withdraw from a vault and thereby nuke your collateral. Now I’m wet like a dog, plastic bag with meat in hand, 15 minutes from home, and about to get liquidated 🫡 As I’m crashing through puddles and trying not to get hit by cars, I write to the support dude: “Do not fucking liquidate me!” “I will send funds in 20 minutes aaaaaa” >ser, this is a different department “WELL GO AND TELL THEM!!!” I get home, throw the plastic-meat-lunch-bag on the table, and rush to my laptop. I scramble through the multisig setup and manage to send some XAUT over to improve my health ratio. A minute passes. Rain is dripping onto the keyboard from my hair. 2 minutes, then 3... “I just made a deposit, where is it?” >it appears you’ve sent an unsupported token... 🤦‍♂️🤦‍♂️🤦‍♂️ In the rush, I forgot to swap XAUT->PAXG which might now just be lost 💀 >you can recover it though "oh thank God..." Anyway, in the end I recovered the XAUT and topped up my collateral balance. Now I just have to wait 7 days for the withdrawal to process. Lesson for EtherFi: please improve the UI to clearly highlight long withdrawal periods (before depositing), and liquidation risk when withdrawing funds. Lesson for CT: be mentally present when making transactions. Anyway, how’s your Saturday going? P.S. EtherFi is a great product and I’ll continue using it. Use my ref link, yo: