Hello,
I’m considering using BTC as collateral on Aave to borrow USDC, invest in Pendle PTs, and reinvest net profits into BTC.
I’m curious if anyone else has done this before and what is your experience?
- What LTV do you maintain to manage liquidation risk?
- Has the strategy been consistently profitable?
- What are the biggest risks you’ve encountered?
Thank you 🙏