Everything you need to know about SUI and getting started on the SUI Blockchain.
#crypto #sui
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https://t.me/sebmontyupdates
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⛓️ 🔗 Referral Links 🔗 ⛓️
💷Kriya Finance: https://app.kriya.finance/airdrop Referral Code: SEBMONTY
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📦 INFINEX 👉 https://app.infinex.xyz/?r=5WFC4O4C
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⏰Timestamps⏰
00:00 Introduction to Suilend
00:21 Connecting Your Wallet
00:52 Depositing Sui
02:24 Borrowing Against Sui
02:55 Managing Borrowed Funds
05:31 Repaying Loans
06:12 Earning Rewards
06:34 Conclusion and Next Steps
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How to Use Suilend: Deposits, Borrowing & Risk Management
In this tutorial, we’ll guide you through the basics of using Suilend. Learn how to deposit Sui, borrow against your deposit, and manage your risk to avoid liquidation. We discuss the various assets you can interact with, such as USDC and USDT, and explain the steps for borrowing, including setting reasonable amounts to maintain a safe margin against liquidation. Additionally, we’ll cover how your account is represented as an NFT and touch on strategies for leveraging your positions. Stay tuned for more advanced strategies in upcoming videos.
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Solana 👉 2coZyEDezNyzTvfAYkAJRZZGabsx4JtA8XFzXTLCCRN7
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📜 Disclaimer 📜
I am not a financial advisor. This is an educational tutorial and guide.
Always DYOR (Do Your Own Research) and ensure you learn the pros, cons, risks, and rewards before you put your hard-earned money to work. Nothing is financial advice.