Content pfp
Content
@
https://warpcast.com/~/channel/skininthegame
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gmoney pfp
gmoney
@gmoney.eth
A lot of people talking, but who is gonna actually put skin in the game?
8 replies
4 recasts
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BORED.eth pfp
BORED.eth
@bored
Explain this to me like I’m 5
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gmoney pfp
gmoney
@gmoney.eth
You post eth as collateral to borrow degen. Your bet is degen goes lower so you can pay back the loan at a lower cost than what you borrowed it at.
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BORED.eth pfp
BORED.eth
@bored
Ah. So you are betting Degen is going lower. Fair enough :)
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Joseph Delong pfp
Joseph Delong
@joseph.eth
He is betting it goes up. The borrower is betting it goes down. Lots of people saying $degen is a bubble without their nuts on the line.
1 reply
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Richard👀 pfp
Richard👀
@rliriano
My nuts 🥜 are on the line. 🫡
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