This project is unaudited! Use at your own risk and don't deposit more than you're willing to lose.

ETH / DAI

0.000000 DAI

$16800 (7.06%)

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24H
1W
1M
Start leveraging
ETH & DAI
Leverage with ETH as collateral up to 5X and borrow DAI on AAVE.

Dango is powered by Aave and 0x API. Positions opened using Dango are kept in a smart wallet, hence your positions are isolated from your main Aave positions. Your Smart Wallet is created by you, owned by you and it can be accessed and managed solely by you.
STRATEGY
Leveraging is done using taking a flashloan on Aave on DAI  and swapping it to ETH using 0x API. Which is deposited in Aave with your collateral using credit delegation.

All the positions opened on Dango will receive $MATIC liquidity mining rewards.
FEES
If the collateral and debt are different tokens, a fee of 0.1% is levied on the trade by Dango. Aave charges 0.09% fees for flashloans during only deleveraging.
RISK
The primary risk in leveraging is assets can get liquidated on Aave due to high volatility, when the health factor goes under 1 or debt utilization is above 100%.

Smart contracts are not audited yet. Hence, users are advised to exercise caution and only risk funds they can afford to lose.