Update README.md

This commit is contained in:
dr. mia von steinkirch, phd 2023-02-10 08:22:37 -08:00 committed by GitHub
parent 2c3aca8028
commit 80cfed8aa3
No known key found for this signature in database
GPG Key ID: 4AEE18F83AFDEB23

View File

@ -2,6 +2,15 @@
<br>
### tl; dr
<br>
* 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.
<br>
### in this dir
<br>