How to Swap Debt and Swap Collateral with Instadapp to Maximize COMP Mining

[@daniilgordeev2595]

Please attach a link to your google excel table, thank you!

[@RSkyCar]

Hi, Dad! Could you make the next streams in 1080 p quality? Because it's a little blurry and quite difficult to grasp details in that resolution nowadays. Best regards!

[@DeFiDad]

I got good news! I took your advice and all future videos will be in 1080p. I honestly just was making rookie movies and exporting my edited movies faster at lower quality. I see the huge difference so thank you for the feedback!

[@alexb9009]

I have a similar openposition but i dont know how to close it lol can you explain how can i close it?

[@andreja2783]

So just one question, when you were talking about using "Unwind COMP" option, you basically lost a little bit of initial supply of DAI (you deposited 100, and at the end would left around 98 DAI), but still you have mined COMP and you can withdraw it and sell it for example, so this makes profit for you? Am I getting this right?

[@caiovicentino]

good job Dad. thanks man

[@fordakimchi9591]

About the high gas fees: couldn't you use CHI to pay for gas?

[@VirtualVisions-i4e]

Please attach a link to your google excel table, thank you!

[@casinowiz007]

I followed you and deposited some Dai and lent out USDC, costing about $20 in transaction fees. Now, it's over $300 to Unwind, more than my initial investment and earned Comp. Any alternative solution?

[@icefishing804]

Whos here when gas prices are $200 lol

[@DeFiGuy]

Nice video mate, keep it up.

[@alrachid2]

I believe in Defi, but one time there was a "problem" with USDT and it flash crashed. When it happens again, because it will, then many people will get liquidated and there will be no one coming to give you your money back. It will surprised most people that thought stable coins were stable. This is a problem with current crypto.

[@DeFiDad]

I think at this point the base of our DeFi community with $6B in USDT are in capable of abandoning these stablecoins. I mean never say never (knock on wood) but stablecoins are here to stay with over $8B issued and growing exponentially on Ethereum. Check out the stats on stablecoins at usdonethereum.com.

[@TheBeachesandshores]

Customer service just ignores you. Dont use or youll lose money

[@jdez2701]

This is self dyor banking stay in your current system if you don’t overstand

[@howtogrow3020]

Too much friction. Just get tokens and get divies with an immutable battle tested smart contract

[@chamnanek]

Woww, great content. Good that I found this channel

[@imillionaire]

Hey defi dad ! Are you making profit ? or you just want to break even after 3-4 month for that gas price to pay that was charged initially? Can you make more videoes related with this topic also would you mind sharing your spreadsheet if you dont mind? It'd help alot of defi guys in this channel.

[@DeFiDad]

Hey good point. I should do a video on how to use this tool--it let's you figure out in advance your ROL (Return on Liquidity) for Compound or Balancer. Check this out and yes , i'm making good profits still. Check out this example in this tool where I lend 3000 DAI and borrow 2000 DAI using Instadapp + Compound Maximize COMP Mining: www.predictions.exchange/compound/%5B%5B'0',%20'0'%5D,%20%5B'0',%20'0'%5D,%20%5B'0',%20'0'%5D,%20%5B'3000',%20'2000'%5D,%20%5B'0',%20'0'%5D,%20%5B'0',%20'0'%5D,%20%5B'0',%20'0'%5D,%20%5B'0',%20'0'%5D,%20%5B'0',%20'0'%5D%5D

[@daronnorest7886]

I like how you make it so easy to understand each tool . Thank you

[@engchunming1982]

Hi. Can I use USDT as collateral instead of DAI?

[@crazitomali]

Yes. They might have different collateraization ratios though.