Here is a breakdown of the #LST fi strategy from the post:

๐Ÿ“ˆ Leveraging Your Staked ETH

* Stake ETH with Treehouse: Convert your ETH into tETH to earn staking rewards. ๐ŸŒณ๐Ÿ’ฐ

* Deposit tETH as Collateral: Use your tETH as collateral on a lending platform like Aave. ๐Ÿฆ

* Borrow More $ETH

: Borrow additional ETH against your tETH. ๐Ÿ”„

* Repeat: Stake the newly borrowed ETH with Treehouse to earn even more rewards. ๐ŸŽ‰

The Goal: Earn staking rewards on a larger amount of ETH than you initially started with.

The Risk: This is an advanced strategy. The value of your collateral can drop, and you could face liquidation risk if the borrowed amount gets too close to the value of your collateral. ๐Ÿšจ

This is a powerful way to use your t$ETH , but it's important to understand the risks before diving in. Would you like to explore other strategies for using t#ETH ?#Binance