AAVEHUSD
Aave / HUSD
crypto

yes, most of my positions involve depositing ETH or AVAX as collateral, borrowing USDC and then swapping them for blue-chip alts and providing liquidity. But I started this strategy only since the start of this year. Prior to that I was providing liquidity directly which although provides good income but the original position suffers IL and not as profitable as depositing into AAVE first.
There was actually a time in 2021 where I was running almost my entire household expense (minus the mortgage) via LP rewards. Those were the good old days of AMMs when the likes of Binance and Polygon used to give some insane rewards for depositing BTC-USDC, ETH-USDC or BNB-USDC pairs

Would love to show you what we are working on if you are interested but it’s low management and only going into higher rated protocols like AAVE and others based on exponential Fi ratings

> I think is still looking for its killer app.
I think that's nonsense. Ethereum's killer app is Defi.
Look at coinmarket cap. The top 3 decentralized layer 1 protocols are Bitcoin, Ethereum, and Solana. Everything else is like a 20 billion dollar market cap, they don't even come close.
https://coinmarketcap.com/
Look on Defi lama. How many protocols are on Ethereum vs Bitcoin and Solana?
https://defillama.com/
There's like one protocol for bitcoin and two for solana. Of those two, one is a staking protocol, and one is an exchange. Everything else is Ethereum.
Why is this the case? With its upgradability and active L2 ecosystem, Ethereum is more scalable and versitile than bitcoin while also being secure.
Solana doesn't have as strong a defi ecosystem because it is perceived as less secure, with the result that two biggest protocols are a liquid staking platform and an exchange for trading memecoins (like uniswap), not a lending platform or stablecoin issuing platform like AAVE or Sky.

Most mentions on r/cc (2025-06-02 00:00:00):
||Mentions|
|:-|:-|
|BTC|265|
|ETH|51|
|XMR|21|
|MOON|20|
|SOL|20|
|USDT|13|
|IP|12|
|SAFE|12|
|ATH|11|
|USDC|11|
|DOGE|7|
|LTC|7|
|XRP|7|
|ADA|5|
|SNT|5|
|AAVE|4|
|MAGIC|4|
|MATH|4|
|MOVE|4|
|REQ|4|
[Data source and app](https://www.redditcoins.app/)

Hilarious compared to defi platforms like AAVE where variable interest rates for borrowing BTC virtually never go higher than 0.5%.

Most mentions on r/cc (2025-06-02 00:00:00):
||Mentions|
|:-|:-|
|BTC|265|
|ETH|51|
|XMR|21|
|MOON|20|
|SOL|20|
|USDT|13|
|IP|12|
|SAFE|12|
|ATH|11|
|USDC|11|
|DOGE|7|
|LTC|7|
|XRP|7|
|ADA|5|
|SNT|5|
|AAVE|4|
|MAGIC|4|
|MATH|4|
|MOVE|4|
|REQ|4|
[Data source and app](https://www.redditcoins.app/)

Learn to AAVE

I see Morpho, Sushi, and Vertex mentioned as “core apps.” What does this mean? Will projects like AAVE, Uniswap, etc not be on Katana?

Turn that into wstETH & lend it on AAVE. NFA.

I’m supplying rETH and wstETH on AAVE and borrowing stables, then farming them.
Pendle is usually a good option but I don’t see any attractive yields for ETH at the moment. Will check regularly though.

I like the idea of category weighting too. Personally, I’d lean on BTC and ETH as the base, with SOL for smart contracts, LINK and AAVE for infrastructure and DeFi exposure, and a few L2s plus some USDC for stability and yield. Then I’d allocate a small portion to emerging plays with actual products—something like NMT, DEAI, or A47, which is experimenting with AI-generated media. I try to keep speculative stuff under 10% and rebalance quarterly based on dev activity and usage trends.