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@six
I will say, the issue with this trade is capital efficiency - even if you are high conviction that eg 2e floor is inevitable, you don’t know the timeline for the catalysts in the second cast, and your funds probably could be put to work in better places in the meantime So if you are holding you’re mostly just hoping the ETH-basis floor holds and in that case it’s kinda similar to just holding raw ETH.
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@houshawany
stop trading and believe in something innit when the catalysts play out and attention is back on them you’re not talking 2e floor, you’re talking >20e floor, 100e floor on pets (yes im retarded)
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