If youโre new to @TermMaxFi, this quick video guide will help you get comfy ๐ ๏ธ
๐.๐. ๐๐ฆ'๐ท๐ฆ ๐ณ๐ฆ๐ค๐ฆ๐ฏ๐ต๐ญ๐บ ๐ฎ๐ข๐ฅ๐ฆ ๐ด๐ฐ๐ฎ๐ฆ ๐ฎ๐ข๐ซ๐ฐ๐ณ ๐๐ ๐ถ๐ฑ๐จ๐ณ๐ข๐ฅ๐ฆ๐ด โ ๐ข ๐ฏ๐ฆ๐ธ ๐ท๐ช๐ฅ๐ฆ๐ฐ ๐ช๐ด ๐ค๐ฐ๐ฎ๐ช๐ฏ๐จ ๐ด๐ฐ๐ฐ๐ฏ!
Thoughts on how to earn with your BTC on BNB Chain:
1๏ธโฃ Deposit BTC to @Binance and withdraw BTCB to BNB Chain
2๏ธโฃ Borrow wBNB against BTCB on @TermMaxFi at 1.6% fixed rate
3๏ธโฃ Stake wBNB to get @listadao_DeFi's slisBNB at 18% variable rate
4๏ธโฃ Unwind both positions and use the profit to buy more BTCB
โ ๏ธ Reminders
โข Always #DYOR
โข There is a 7~8 days unstaking period for slisBNB
โข You need to monitor LTV on TermMax, although BNB and BTC should be quite correlated
Get started ๐
2.78K
11
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.