The ability to swap collateral within Aave protocol.
Think: Uniswap for collateral within Aave
Use case:
a) You deposit $ETH as collateral - $ETH starts dumping - you swap to $DAI to preserve value
or
b) You deposit $DAI as collateral - $ETH starts pumping - you swap to $ETH for collateral gains
** Maybe it could be done using Metamask, now that they have enabled swaps?
The ability to pay off loans with a different token to that which was borrowed
The ability to pay off loan with collateral - either same token as borrowed or other
Would love to hear some feedback on these from you guys.
Have these ideas already been considered and dismissed for some reason?
I’ve not gone too deep into considering arbitrage opportunities or problems in supply/demand that may arise if implemented, so please do point these out to me in the comments.
¡OJO! a los intercambios con Metamask, los fees son carísimos y algo ocurre con esta funcionalidad. Se están reportando casos de costes de 3.000$ por pequeños intercambios.
I think it’s a great idea and an important feature too.
I don’t think it’d be possible to be done using MetaMask as mentioned only because the funds are in Aave’s contracts so there would be no way for MetaMask to really make that swap without you withdrawing first. MetaMask’s swap feature is essentially a DEX aggregator (DEXAG, 1inch, etc.) built in, so doesn’t bring new possibilities per say mostly just convenience.
Wow! That article about V2 has got me pretty excited for the future of Aave - thanks again!
I guess this will also solve something else I was wondering about: the ability to migrate LEND that is currently being used as collateral to Aave, without having to withdraw first
V2 looks great today! Is there a timeline for when we will be able to migrate existing V1 deposits/loans to V2 so we can take advantage of the collateral swaps?