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Jacek.degen.eth 🎩
@jacek
A savvy degen farmer could short DEGEN 1:1 on Coinbase or Binance after locking it in the vault, creating a delta-neutral position immune to price swings. They’d farm hard, and if banned, they wouldn’t lose money. I suspect this is already happening. Without slashing, the vault is ineffective against farming.
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JE11YF15H 🍖🔵-‘
@je11yf15h
Isn’t this equally true for any coin that can be used in “traditional” staking? Or am I misunderstanding?
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