We need to allow people to take leverage from the protocol in just one click.
The way a person takes on leverage is via a smart contract that does all the steps below in one transaction:
- Deposit collateral into the lending protolc
- Borrow a stablecoin from the lending protolc
- Sell stablecoin for more collateral from Uniswap
- Deposit collateral back into the lending protocol
https://app.angle.money/#/borrow Angle protocol implements this in a nice and seamless way.
We need to allow people to take leverage from the protocol in just one click.
The way a person takes on leverage is via a smart contract that does all the steps below in one transaction:
https://app.angle.money/#/borrow Angle protocol implements this in a nice and seamless way.