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This might be controversial for HN but here goes. A couple months back, I got into reading and learning about Ethereum. I never liked it, still don't get the v

This might be controversial for HN but here goes. A couple months back, I got into reading and learning about Ethereum. I never liked it, still don't get the value in blockchains except for Bitcoin. I have a couple of bots/alerts and some manual strategies to execute on opportunities in some of the DeFi apps, mostly arbitrages. All of my strategies only takes in smart contract risks. It's surprising how inefficient the market still is. It has made me around a years worth of my work money.

twox2 6y ago
Do you have any practical DeFI resources you can share around this? I imagine you need to be brave enough to have a fair amount of $$$ tied up in ETH to take advantage of these opportunities as well. Are there not substantial risks with that?
- capnorange 6y ago
  > Do you have any practical DeFI resources you can share around this? I would suggest reading about the popular Defi apps directly from website, use Twitter. bankless.substack.com is popular among this crowd. > I imagine you need to be brave enough to have a fair amount of $$$ tied up in ETH I only maintain exposure to USDC stable coin most of the time except during executing opportunities which usually completes in a couple of transactions. DeFi also allows for capital less trades, eg: you can borrow $100,000 worth of USDC with no collateral for $90 using flash loans. One strategy is described here - https://blog.instadapp.io/six-percent-instant-return/ https://blog.instadapp.io/six-percent-instant-return/
  - twox2 6y ago
    Thanks!