MakerDAO is seriously underrated! Maker has added WSTETH as a collateral option, so you can earn a yield on your ETH while you borrow. I also compare Maker to Alchemix and show you why MakerDAO might be a more compelling place to borrow.
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00:00 Intro
00:32 Oasis App
00:45 Borrowing on Maker
01:03 Why borrow against Wrapped STETH
02:22 Why this strategy is more compelling than Alchemix
04:08 Walking through an example
06:08 Background MakerDAO
06:25 More yield-bearing collateral assets
07:16 Why MakerDAO is relevant now
07:39 How I’m borrowing on Maker
08:23 Conclusion
MakerDAO is actually underrated
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