voselok

bitcoin

I have some experience with borrowing through HodlHodl. Since the amount of Bitcoin involved was small, I used it as an opportunity to gain hands-on experience with such services.

Now, I have two options: I can either buy Bitcoin directly — say, for $1,000 — or I can create a cash flow through DeFi, convert it into wrapped Bitcoin (WBTC), take out a loan backed by this WBTC, and buy more Bitcoin (similar to what Michael Saylor does). I believe this is the right path for me.

A More Detailed Strategy:
1. Solana (via Orca)
    • Liquidity Pool: SOL–USDC ($1,000)
    • Rewards: SOL, USDC – 0.7–1% daily → $7–10/day
    • Strategy:
        ◦ SOL rewards → Reinvested into the pool (compounded)
        ◦ USDC rewards → Bridged to Arbitrum (used in Aave)
2. Arbitrum (via Aave)
    • Supply: WBTC
    • Borrow: USDC (looping to maximize exposure)
    • Health Factor: Keep ≥ 3

Exit Strategy for Aave Position:
I plan to exit when one of the following occurs:
    • The price of Bitcoin increases significantly (e.g., $150,000–$175,000), or
    • The net profit from the Aave position exceeds $1,000
At that point, I’ll close the position, withdraw the WBTC, and bridge it to my Sparrow Wallet (Trezor).
What's interesting is that the SOL–USDC liquidity pool continues to generate yield independently, even after the Aave position is closed.

Additionally, I continue my monthly DCA (Dollar-Cost Averaging) into my Sparrow (Trezor) wallet.

From DeFi to Bitcoin #3

I have reduced my strategy to two steps:

1. solana (Orca) — cash flow
2. arbitrum (AAVE) — lending WBTC — borrowing USDC (looping)

This will work until the price of bitcoin goes very high.
If it goes up — I will close the position on AAVE and withdraw the bitcoin to a cold wallet.

The Journey from De-fi to Bitcoin

WBTC - wrapped BTC. I'll send it to my Sparrow Wallet.

I think so. The main thing for me is to create cash flow, not a regular DCA.
Let's say a SOL-USDC position gives me about 0.5% per day on my $300.
And I invest this flow in WBTC.

The idea of using de-fi technologies to accumulate Bitcoin is not new at all.

I considered several interesting ideas:

1. Michael Saylor strategy — Microstrategy (Strategy).

2. Amazon flywheel, which can be applied in crypto.

A rough plan of action.

1. Create cash flow that gives rewards.

For example: a liquidity pool.

2. Then exchange the rewards for wrapted Bitcoin and send them to a service that allows you to take a loan against the wrapted Bitcoin, for example, in USDC (for example: Aave).

3. Then send USDC back to the liquidity pool.

4. Repeat steps 1-3 until a certain amount of Bitcoin is accumulated.

These wrapted bitcoins can now be withdrawn, for example, to any bitcoin wallet (bridge).

Example:

Flow Diagram:

[Solana]
 Orca LP (SOL-USDC)
   ↓
 Earn: SOL (compounded)
       USDC → Arbitrum

[Arbitrum]
 Aave: Supply WBTC
       Borrow USDC → Base

[Base]
 Aerodrome LP (WETH–cbBTC)
   ↓
 Earn: cbBTC → BTC → Cold Storage