Jacek.degen.eth 🎩 on Warpcast

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Jacek.degen.eth 🎩 pfp

Jacek.degen.eth 🎩

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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wake 🎩 pfp

Not familiar. How does @seamless differ from our current options? For anyone unfamiliar, those are: @timeswap @teller @astaria Apologies if I missed any.

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ace pfp

tips feel like a promise of future payment, so there are a lot of way to get creative with it

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BrixBountyFarm 🎩 pfp

BrixBountyFarm 🎩

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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BennyJ504 🎩🔵 pfp

BennyJ504 🎩🔵

Definitely would use, already took out a loan on my Degen last week

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OⓂ️id 🎩 pfp

can we deposite all Degens of my wallet or should remain 10K for daily allowance ?

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taproot.base.eth pfp

taproot.base.eth

Yes please i could lend them and get rewards.

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Brock The Breadcat

degen is in the name. let us lend!

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sgt_slaughtermelon🎩 pfp

sgt_slaughtermelon🎩

@sgt-sl8termelon

Did you talk to the people at @astaria that have $degen loans going back and forth?

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Rico IS Here 🦊 🎩 pfp

Rico IS Here 🦊 🎩

Asides usdc, can we borrow let's say base eth against our $Degen?

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bleu.eth pfp

i feel like i would use it yeah

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Rani pfp

lending is the backbone of any economy

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Garrett pfp

you can already do this with @astaria

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stikk.base.eth 🎩 🌐☝️ pfp

stikk.base.eth 🎩 🌐☝️

@jacek has become impossible to watch my feed, people mindlessly post some posts, there is some crazy race for degens, we need to take measures, I’m upset 😢

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kia pfp

i think of 'tips' as a futures contract a liquid market for borrowing DEGEN would be very beneficial for scaling commerce on top of DEGEN. cc: @joseph.eth

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Samir 🎩 pfp

users would need to be very cautious. High leverage can lead to substantial gains, but it also the risk of equally significant losses, esp in volatile market conditions. It’s essential for users to understand the terms, the risks involved, or it is better to put limits that control loss to be acceptable

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Seamless Protocol pfp

Seamless Protocol

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