Automated de-leveraging is far better than getting liquidated... Those of you who "loop" their deposits understand this pain point being solved immediately.

Enzyme Finance ($MLN) yesterday announced the launch of ETHx Hyperloop in collaboration with Stader Labs and Aave. This new development enables an automated, risk-monitored leverage loop on Aave, and could signify an interesting shift in the existing staking model.

Users can deposit various forms of Ethereum assets, including ETH, stETH, wstETH, or the new ETHx into the advanced vault system offered by this new platform.

"The automated vault system leverages ETHx by 5.5-6.5x using Aave to boost both staking rewards and $SD incentives. Risks are monitored automatically by the vault system and de-leveraging is initiated automatically if the LTV ratio exceeds 94%."

Check it out at: https://app.enzyme.finance/vault/0x040a9562201b2a3456a7c9052d88ce37e994ee9d Show Less