AMA Session w/WeFi 🎒
2024-06-19 14:00
Wefi : Safest gateway to onchain leverage
Wefi is a leverage engine of choice for crypto whales and ETH maxis to ride the onchain summer at Base. WeFi is 100% on-chain, permissionless, and utilises Aave to securely hold custody of leveraged assets, ensuring max security.
Wefi affords the users several benefits:
- Lowest funding rates
- Liquidation buffer (>10% cushion on Aave’s liquidation point)
- Up to 1.45% more APY compared to Aave
- Most importantly, ease of usage in truly bringing out the best of Aave for the masses
Wefi utilizes Aave’s $140M pool for leverage through flash loans.
You can take up to 20x leverage on capital as low as $ 1000 at 80% lesser cost of capital compared to perps and CEXes.
Website : https://wefi.xyz
tg @wefi_xyz