MRHB Defi and why you should consider using it.

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Let's be honest yield farming is a really difficult job to do and when you factor in the high gas fees on Eth you would have at least a few thousand dollars to do it profitably. Here is where a few Defi protocols come into play most notably Yearn finance and Harvest finance. I still remember a few weeks ago AAVE was offering a 45% APY on Usdt and I only had a couple of them which I couldn't move around all due to the high gas fees of Ethereum. Even though with Defi protocols like Yearn and harvest around they all work with a single chain. Here is where Mrhbfinance's Liquidity harvester comes into play.

let's say you have 100$ worth of Usdt in aave earning a 12% interest while Compound was offering 15% and Venus on BINANCE smart chain offering 16% on your Usdt. Now let's say you want to deposit your Usdt into Compound or Venus to get better rates but the gas fees on Ethereum are $5 you need to do at least 2 transactions to move your funds around one being removing funds from aave and the other be depositing it on Compound which in this case is a $10 fees to move $100 just for an extra 2% annual interest. This is the very problem MhrbDefi's liquidity harvester is meant to solve let's say you feel depositing your $100 into yearn which can only rotate funds between Compound and aave as they are on the same chain while taking 10% of all earned returns as fees meanwhile, MrhbDefi would deposit the fund's trough venus maximizing your APY. Another thing MRHBDefi could do is provide concentrated liquidity on Uniswap v3 and maximize the yields.

Another feature of Mrhbdefi I would consider using is their cross-chain dex aggregator which solves the same issues that one inch solves but cross-chain which would make the system more efficient and sustainable in the long run. I could end up saving people millions of dollars if it reached the size of Uniswap.

I also like the fact that Mrhb can allow borrowing at 0 interest I still don't know how the savers will be rewarded but it is more than likely people will be rewarded in but it is more than likely it will be in MRHB tokens itself. I mean who doesn't like borrowing without fees, of course, I do and I'm sure you would too.

Now with all important aspects of the protocol covered it's 100% up to you whether you would like to use it or not.

That's it for Hope you all have a good day. 

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