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Jacek.degen.eth 🎩 pfp
Jacek.degen.eth 🎩
@jacek
Exploring a Degen lend/borrow market on @seamless! Interested in your thoughts - would you use it? It could offer ultra Degen leverage: lend Degen, get USDC, and secure more Degen. Feedback welcome!
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BrixBountyFarm 🎩 pfp
BrixBountyFarm 🎩
@brixbounty
hmm. I think the issue with leverage is that it leads to price inflation which is really hard to sustain. thought I'm not entirely sure it leads to good decision making on such volatile assets, yet as they mature it will be a necessity on a number of fronts. just need to auto mint an NFT when someone gets liquidated.
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BrixBountyFarm 🎩 pfp
BrixBountyFarm 🎩
@brixbounty
Like it or not its a natural evolution of the defi space, and may or may not create more "perfect" markets regarding price. personally would prefer to see this step come a bit further down the line, yet I'm not a target user, so don't feel strongly about this.
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Not.king pfp
Not.king
@king-
Leverage…good decision making 😂 Truth be told the liquidation parameters of the app should be set according to the risk of the asset. I feel you on pushing it back, but you can’t get in the way of permissionless degening 🤷‍♂️
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