Bet on BTC going down

• Amelia is bearish on BTC in the short term.

• She deposits USDC into the Jet V2 application, which immediately begins earning interest.

• Using her USDC as collateral, she sets up a leverage swap from BTC to USDC, which will borrow BTC and swap it for USDC in the same transaction. She is now short BTC/USDC.

• She clicks the “max leverage” button and executes the swap.

• Amelia was correct! The price of BTC drops from where Amelia sold it.

• This is a short term trade for Amelia, so she wants to take profit.

• She goes back to the swap screen and reverses the order of the swap so that it will swap USDC to BTC.

• She clicks the “account balance” button in order to trade all of the USDC in her account for BTC.

• She also clicks the toggle button labeled “repay BTC loan” on the order panel so that her BTC debt will be repaid in the same transaction as the swap.

• She will be left with only USDC in her account, the original amount + profits.

• Amelia successfully borrowed BTC at a higher price than she repaid it at, earning a profit!