Asset Switching
Overview
Switch the lending provider or collateral token underlying your borrow position in a single transaction. This strategy provides you with the opportunity to benefit from higher supply interest across lending markets or the relative price increase of the new collateral token. This strategy assumes you have an existing borrow position.
By utilizing a flash loan, you can easily asset switch without having to source the required capital to repay your initial loan. Depending on the flash loan token available, you might need to add additional swap blocks to account in differences between tokens that are flash loaned, repaid, and borrowed. Your tokens are immediately swapped at the best available rates ensuring minimal slippage when asset switching.
Strategy Building Blocks
The building block order mirrors the Factor Studio UI and can be expanded for further strategy details and parameters.
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