Comment by @stani • Hey

Hey happy to help, what do you exactly mean by locking ETH price?

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Today I receive 1 ETH and I need to pay rent, but I also want to keep the upside on ETH, so I collateralize the ETH in Aave and withdraw 2700 USDC that I subsequently on living expenses. I consider it as „selling ETH at a 20% discount but retaining the upside of it,“ because I‘m bullish on ETH long term. Next month the same happens, but if my collateral hasn‘t been liquidated or gained upside, and I‘m adding the next 1 ETH from my monthly salary, and again withdrawing USDC, Am I not continuously being marked to market on my collateral‘s price? Maybe I‘m still a bit confused about this, but I feel like there is a difference between using one ETH account and adding more collateral vs tranching as seperate accounts and waiting for the liquidation to occur.