So you’ve bought ETH when it was 800$ and ever since then you held it, unsure of how to use it without risking loss. You didn’t want to sell, or stake, or borrow against it fearing hacks or liquidation, so it just sat there. Now it’s 2024 and you want to buy a nice car, let’s say a Volvo XC60. That’s roughly 50.000€. You are thinking maybe I should sell some of that ETH. Here is what you could do instead (not financial advice!). Deposit that ETH into Altitude and borrow USDC against it, convert to fiat, and buy that Volvo. Your ETH is now earning the staking yield (3-4%) , whilst Altitude optimizes your loan by finding the best interest rates. And here’s where it gets smarter — the Altitude protocol generates yield with your unused borrow capacity. That yield will start automatically repaying your loan over time. Now you have both your car and your ETH! While banks lock you into fixed loans, Altitude made sure you didn’t have to sell your ETH during its rise. Instead, your ETH worked in the background to earn you yield and pay down part of your debt. No selling required, and you don't have to keep an eye on your thanks to Altitude’s active loan management. In the end, your ETH stayed with you, and you drove off in a new car, having made your assets work for you instead of selling them. Enjoy the ride 😜

And finally, we will work to prohibit Russian oligarchs from using their financial assets on our markets.   Putin embarked on a path aiming to destroy Ukraine. But what he is also doing, in fact, is destroying the future of his own country.

Der russische Überfall markiert eine Zeitenwende. Es ist unsere Pflicht, die Ukraine nach Kräften zu unterstützen bei der Verteidigung gegen die Invasionsarmee von #Putin. Deshalb liefern wir 1000 Panzerabwehrwaffen und 500 Stinger-Raketen an unsere Freunde in der #Ukraine.