Furucombo on Metis Tutorial

Users will be able to use Furucombo for their trading actions, and take advantage of the benefits of using the Metis network.

Furucombo on Metis

This tutorial will guide you through the kinds of trading actions you can do on Furucombo on the Metis network. The following protocols have been integrated:

1. Maia DAO (Token Exchange)

2. Hummus Exchange (Stablecoin Exchange)

3. Aave v3 (Lending Protocol)

4. Stargate (Token Bridge)

When using Metis, the following actions are available on Furucombo:

1. Token Bridge

   • The token bridge allows you to send tokens from Ethereum to Metis, and vice versa ($USDT & $METIS are supported).

2. Send Token

   • Send Token allows you to send any token, whitelisted or imported, to any address you choose.

3. Multi Send

   • The Multi-Send cube allows you to send a token to multiple addresses.

4. Aave Functions:

   • Deposit

     1. Make a deposit to Aave.

   • Withdraw

     1. Withdraw some or all of your assets from Aave.

   • Borrow

   • Repay

     1. Repay any outstanding debts you have on Aave.

   • Flashloan

     1. Used for position management, or arbitrage.

   • Debt Swap

     1. This allows you to swap your debts (borrowed assets) within Aave without first repaying your debts (requires no upfront funds).

   • Collateral Swap

     1. This allows you to swap your collateral (deposited assets) within Aave without first repaying your debts (requires no upfront funds).

   • Leveraged Long Position

     1. This allows you to increase your exposure to the market (long) by using the existing collateral you have in Aave.

   • Leveraged Short Position

     1. This allows you to increase your exposure to the market (short) by using the existing collateral you have in Aave.

   • Deleverage

     1. This allows you to close your position on Aave without first repaying your debts. This is useful to avoid liquidation, or to close your position when you do not have any upfront funds.

5. Maia Functions

   • Swap Token

     1. Swap any whitelisted token, such as $MAIA, $METIS, $WETH, $m.USDC, or m.USDT.

     2. Import any token into the ‘search or import token’ section to add a custom token.

6. Hummus Functions

   • Swap Token

     1. Swap any whitelisted token, such as $MAI, $m.DAI, $m.USDC, $m.USDT.

     2. Import any token into the ‘search or import token’ section to add a custom token.

7. Lending Dashboard

   • The Lending Dashboard is a feature that allows you to easily manage your positions on lending protocols such as Aave with the click of a button instead of manually adding each cube.

   • The following actions are available on the Lending Dashboard:

     1. Deposit

     2. Withdraw

     3. Borrow

     4. Repay

     5. Debt Swap

     6. Collateral Swap

     7. Leverage

     8. Deleverage

This is a tutorial and summary on how to utilize Furucombo for DeFi on Metis. If you have any questions, please let us know on our community Discord, we are always happy to assist!