RateRover may be the most ambitious DeFAI agent ever built
Here's how the strategy works at a high level:
1. User deposits ETH into RateRover
2. RateRover monitors borrow/lend rates on stables across @aave@Dolomite_io@0xfluid and @growcompound on @arbitrum
3. RR deposits ETH into a lending protocol e.g. @0xfluid
4. Agent borrows @USDT0_to after identifying a deposit APR on @Dolomite_io > than the borrow APR on @0xfluid
5. RR monitors the health of the loan to ensure collateral is not at risk of liquidation and the lend/borrow rates don't converge
6. Position is unwound when one of the following conditions are met a) loan is at risk of being liquidated, b) arbitrage no longer exists or compresses, or c) a significantly better arb is found elsewhere
Huge shoutout to the @autonolas team for creating composable tech that helps devs lower the barrier to entry for sophisticated DeFi use cases
ETH Denver bound 🏔️🔥
If you’re tryna talk crypto, Arbitrum, or just smash a burger, catch me at:
•SheFi Summit
•ETH Denver booth
•Arbitrum Cross Chain Collider
•ArbiBurger at Shake Shack 🍔
Building? Job hunting? Just vibing? Hit me up. Let’s cook. LFG 🚀 #ETHDenver
@NL_DoubleZ@Earth2Explorer Yeah there’s no way you just drop a crypto token like this out of nowhere. Setting your self up for failure and pissing off your users
Your video response to our dev vlog has hundreds of keyboard warriors 'calling E2 out'. Well I'm calling you out! You said it would take you 30 mins to copy? The challenge has been set-$10K+your credibility for 30mins to prove us wrong! @CallumUptonYT https://t.co/zZDO8w6AO2