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DeFi How Tos

How to borrow Magic Internet Money

Borrow stablecoins by depositing yield generating assets, like yvETH and xSushi.

How to borrow Magic Internet Money

Dear Bankless Nation,

Over the past couple of weeks we’ve talked a lot about DeFi 2.0.

Perhaps you listened to our episode with Zeus of Olympus DAO or Scoopy Truples from Alchemix or Jai from Rari. Or maybe you saw BanklessDAO propose a new index with a number of DeFi 2.0 protocols.

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William M. Peaster

1070 posts

William M. Peaster, Senior Writer, has been with Bankless since January 2021. Immersed in Ethereum since 2017, he covers the onchain frontier with a particular interest in art, games, and other culture apps. He has a background in creative writing and writes fiction in his free time.

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