How to use Abracadabra's 'Degenbox' strategy

🚨Please note with leveraged positions, if you’re liquidated you can potentially lose everything!

“Different from what happens in unleveraged positions, if the leveraged position gets liquidated, users will not have any assets in their possession.”

Read more here: https://docs.abracadabra.money/intro/leveraged-positions

In this video, I go over the Abracadabra UST Degenbox strategy. This strategy can safely yield up to an 85% APY on stablecoins!

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Links:
Abracdabra Money: https://abracadabra.money/
Anchor Protocol: https://www.anchorprotocol.com/
Terra Stablecoin UST: https://www.coingecko.com/en/coins/terra-usd
MIM Replenishes Twitter Account: https://twitter.com/MIM_Replenishes
Daniele Tweet About Fantom: https://twitter.com/danielesesta/status/1472140740260204546
Info about liquidations: https://docs.abracadabra.money/intro/liquidations

00:00 Intro
00:53 How the UST Degenbox strategy works
01:07 Where does the underlying yield come from
01:55 How to use leverage on Abracadabra
03:03: The risks of getting liquidated
03:48 What is a safe liquidation price
04:14 How reliable is the UST stablecoin
05:01 Get alerts for new MIM stablecoin availability
05:29 The UST degenbox is coming to Fantom (FTM)
05:48 On chain analytics for UST
06:30 Closing out

Видео How to use Abracadabra's 'Degenbox' strategy канала Justin Bram