didn‘t get the impression they want that generally as, for example, they‘re now launching a mainstream consumer app, including a „double tap to mint“ feature
Is there a way to find out which of the lens handles the user wants to be associated to the address? This exists in ENS for example
Thanks, is there something like a „primary“ profile for an address?
Yeah I understand this.
But let‘s say in month one I borrow 2400 USDC for 1 ETH collateral and ETH is at 3000 USD.
Now ETH drops by 10% over the next month, but I prefer to be liquidated on that position or gain upside.
If I now, in month two, put more ETH in that position, isn‘t that like compromising on my original ETH price of 2400 USDC, compared to if I now create a new position?
I‘m actually not sure anymore
If I have an ETH address, what‘s the best way to resolve it to Lens profile metadata like display name, avatar etc?
Today I receive 1 ETH and I need to pay rent, but I also want to keep the upside on ETH, so I collateralize the ETH in Aave and withdraw 2700 USDC that I subsequently on living expenses. I consider it as „selling ETH at a 20% discount but retaining the upside of it,“ because I‘m bullish on ETH long term.
Next month the same happens, but if my collateral hasn‘t been liquidated or gained upside, and I‘m adding the next 1 ETH from my monthly salary, and again withdrawing USDC, Am I not continuously being marked to market on my collateral‘s price? Maybe I‘m still a bit confused about this, but I feel like there is a difference between using one ETH account and adding more collateral vs tranching as seperate accounts and waiting for the liquidation to occur.
Regarding Aave: I‘ve been using it to collateralize ETH and I‘m withdrawing USDC that I‘m spending. The idea is that this is somehow like selling ETH at a 20% discount but retaining the upside on the collateral.
Still, what‘s annoying is that I can‘t really lock in an ETH price on a per USDC-withdrawal. I‘d have to create many accounts, collateralize ETH and withdraw USDC, or what do people do?
My understanding is that the debt is market to market continuously and not specifically to when it was borrowed, right?