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marino
@marinonchain
Finding the best ways to make money onchain and showing you exactly how.
Joined September 2022
2.5K Following    22.8K Followers
Is Jupiter Lend v2โ€™s Smart Debt a money-making hack? ๐Ÿช๐Ÿ’ธ On high-volume days, it can literally pay you to borrow. Hereโ€™s how ๐Ÿ‘‡ โ†’ Deposit collateral โ†’ Choose a Smart Debt vault โ†’ Borrow a single asset like USDC โ†’ Use the USDC normally โ†’ Traders swap between the assets inside your debt position โ†’ Their fees reduce your borrowing cost Normally, you repay the amount borrowed plus interest. With Smart Debt, the fees from those swaps offset your interest. If the fees exceed the interest charged, your effective borrow rate turns negative. Your debt is earning more than it costs. This will not happen every day & liquidation risk still applies. But if you already borrow onchain, Smart Debt puts that debt to work for you.
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