Скачать или смотреть How to Maximize Earning $COMP By More Than 5X Using Instadapp

UPDATE AS OF JULY 15TH: In this video created in May 2020, the USDT market in Compound was earning the majority of COMP tokens. However, due to a change in COMP distribution, DAI borrowers and lenders are now earning the majority of COMP tokens. If I were getting started today with this tutorial, I would deposit DAI as collateral but then choose to borrow DAI, using the Maximize COMP Mining recipe. In the video, I borrow USDT, so please consider for me to maximize COMP earnings, I'm now better off borrowing DAI based on this COMP distribution chart in Compound: https://compound.finance/governance/comp.

Also, if I've already borrowed USDT against DAI, I can swap my debt to DAI by following this follow-up tutorial:    • How to Swap Debt and Swap Collateral with ...  

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In order to decentralize governance of the Compound Finance protocol by distributing the $COMP governance token, each day, smart contracts distribute 2,880 COMP to users of the protocol, 50% to suppliers and 50% to borrowers.

In this video, I show how to maximize exposure to Compound lending and borrowing using flash loans to build a leverage position with stablecoins, thanks to a tool built by Instadapp called "Maximize $COMP Mining." I start off in the video lending 100 DAI to Compound via Instadapp and by the end, I'm lending 300 DAI and borrowing 200 USDT, qualifying me to earn more $COMP daily (aka $COMP mining or liquidity mining).

To maximize $COMP mining on Compound, check out this tool available on Instadapp: https://dsa.instadapp.io/compound

Helpful Resources:
You can see the Market Distribution Table for Compound which shows how many $COMP tokens are being distributed daily to the lenders and borrowers of 9 different markets: https://compound.finance/governance/comp
Here's where I found the Gross Supply and Gross Borrowed amounts in the 9 markets across Compound, to calculate that borrowing against USDC or DAI collateral with USDT debt, would be the best way to maximize $COMP earnings: https://compound.finance/markets

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Video by: DeFi_Dad
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Disclaimer & Risks: Instadapp and Compound did not pay me to produce this video. This is not financial advice and you should approach all DeFi applications, wallets, and protocols with caution. Please be aware there is always risk in using DeFi, including technical risks (ie smart contracts hacks), financial risks (ie liquidity crises), and potentially admin risk (admin key compromise, governance vulnerabilities). Also there is risk in using leverage, especially if the dollar-peg for USDC, DAI, or USDT fail, which could cause an Instadapp leverage position using this Maximize COMP Mining to be liquidated and lose invested funds.
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