Furucombo Biweekly Update #18
This week we have some Furucombo’s updates to share with you, and we’ve also picked some hot combos covering strategies on B.protocol and Compound to give you some recipe inspirations! Okay, without further ado, let’s get started! ✨
# Furucombo’s Update
✅ New release is now live!
We've just released some new powerful features on Furucombo!
• New vault, Deposit, Withdraw, Generate and Pay Back features on B.protocol!
B.Protocol is a backstop liquidity protocol built on top of DeFi lending platforms, governed by the BPRO token. Currently, Furucombo supports B.Protocol integration with Maker, and our collaboration will later expand to Compound and Aave.
We are also really excited to announce that Furucombo is now live on Gnosis Safe, where you can set up your own multi-signature to experience and interact with the DeFi ecosystem in a secured environment.
Hope y'all enjoy these newly released features! :)
# Hot combos
Here’s what‘s trending on Furucombo.
✅ Migrate Maker position to B.Protocol to earn BPRO + COMBO
B.Protocol has recently launched its Liquidity Mining Program, which will run for two more months. 250k BPRO tokens will be distributed to B.Protocol users!
Here we provide you a combo to let you migrate your position from Maker to B.Protocol! By doing so, not only can you get the BPRO token rewards, but you can earn the COMBO rewards!
1️⃣ Flash borrow funds from Aave
2️⃣ Payback and withdraw all collateral on Maker
3️⃣ Create a new vault on B.Protocol
4️⃣ Flash repayThe pre-built combo is ready for you!👉 go.furucombo.app/04d5f
✅ 10 cubes strategy — Open an ETH position and leverage it
How does this combo work?
1️⃣ (1-2 cubes) - Use initial funds: 5 ETH and flash borrow funds to create a new Maker vault on B.Protocol
2️⃣ (3-5 cubes) - Use all the funds to open a position on Aave *Before borrowing on Aave, you need to deposit first any asset as collateral.
3️⃣ (6-8 cubes) - Find the best route to maximize the swapped amount.
4️⃣ (9-10 cubes) - Flash payback and use Gas saver to reduce gas fees.The pre-built combo is ready for you!👉 go.furucombo.app/Me5Kt
✅ Compound Self-Liquidation strategy
The market has been very volatile lately... If you have some positions on Compound and you want to close them. Then, here's a self-liquidation combo for your reference.
1️⃣ Flash borrow DAI to repay
2️⃣ Add collateralized funds to continue the trading
3️⃣ Withdraw and swap collateral to flash paybackThe pre-built combo is ready for you!👉 go.furucombo.app/Q0Zkw
Check out our explore page. You can find up to 50 combos with its own detailed explanation about how it works! And you can also join our Discord server to chat with the community about all the trading strategies & ideas!
Hope you enjoy this week’s content! 🤓
If you experience issues that are not covered in this guide, please reach out to the team directly through telegram.