We are currently exploring the idea of bringing “Flashlending” to Compound using the Flashstake protocol.
Essentially, this would allow you to earn up to two years’ worth of lending fees instantly and upfront-- all in one Ethereum transaction.
Ex: Instead of earning $100/day over a year, you could “Flashlend” and earn $36,500 today.
We are in the research phase to test demand for this type of product. Answering any of the questions below would be appreciated.
- What immediate questions/concerns do you have when seeing this?
- On a scale of 1-10, how likely would you be to try this?
- What could be added/adjusted to increase your chances of trying this?
Side note, we submitted a Flashstake Grant proposal through the https://compoundgrants.org/ website a few weeks ago but haven’t heard back. Anyone know standard wait time to hear back?