From 80cfed8aa31407f4e1c1c67c4afb36dd70e33aef Mon Sep 17 00:00:00 2001
From: "dr. mia von steinkirch, phd"
<1130416+mvonsteinkirch@users.noreply.github.com>
Date: Fri, 10 Feb 2023 08:22:37 -0800
Subject: [PATCH] Update README.md
---
MEV_and_trading/lending/README.md | 9 +++++++++
1 file changed, 9 insertions(+)
diff --git a/MEV_and_trading/lending/README.md b/MEV_and_trading/lending/README.md
index 6952bb2..656d997 100644
--- a/MEV_and_trading/lending/README.md
+++ b/MEV_and_trading/lending/README.md
@@ -2,6 +2,15 @@
+### tl; dr
+
+
+
+* alice and bob deposit funds into a lending contract (e.g., Aave, Maker, Compound). while bob leaves his original collateral locked in the protocol, he can withdraw ~50% or more (depending on the protocol and asset) at some algorithmic rate that gets paid to alice (for providing the funds).
+* bob can then create a short position, reinvest for a levered long position, or withdraw money (without selling the underlying and being taxed). alice, on the other hand, generates a return on her capital.
+
+
+
### in this dir