Aave v4 is not a version of Aave v3
It is a different protocol with a different mental model. Instead of a lending market, you pick a spoke, and spokes cannot see each other.
Read#leverage
11 posts
Adding leverage to a position you already have
Borrowing against a range puts cash in your account. Adding leverage puts the borrowed money back into the range, so you earn more fees and owe more.
ReadBorrowing against a liquidity position without closing it
A Uniswap range is an asset worth borrowing against. Two operations put one in a vault and lend you money, with the position left earning fees throughout.
ReadClosing a liquidity position into a long, a short, or neither
Exiting a Uniswap position normally leaves you holding two tokens and no view. Four operations let you name the position you become instead.
ReadCollecting fees you have already earned requires borrowing money
On a leveraged Uniswap position, taking the fees you are owed needs a flash loan first. That follows from what collateral means; it is not a quirk of ours.
ReadMoving a levered range means burning it first
A Uniswap range cannot be edited, only replaced. Under leverage that means clearing the debt to burn it, and re-establishing the debt on the new one.
ReadMoving a position between Aave, Revert and Uniswap
Aave has never heard of Revert. Revert has never heard of Aave. Moving a position between them means unwinding to cash, unless something spans both.
ReadOpening a levered range is one instruction, not five
Mint the position, move it into the vault, borrow against it, put the proceeds back in. Two operations do it, and only one of them needs a flash loan.
ReadTurn a long into a short without closing it
A leveraged position's direction is a setting you can change without rebuilding the position: long, short or delta-neutral, inside one transaction.
ReadWhat a Revert position can do outside Revert
Revert makes a Uniswap position borrowable and keeps it in range. Moving it to Aave, or chaining it into something else, is a different job, and not one Revert does.
ReadYour Aave collateral can become a liquidity position
Collateral sitting at Aave earns the supply rate and nothing else. Two operations move it into a leveraged Uniswap range without you ever holding it.
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