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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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Anna Morris
@klusya
Funny you say that, someone recommended me to do exactly that 😆 But I wasn't degen enough (in the original sense of the word) to wrap my head around the mechanic. Can't lie, if that's not truly Degen (aka defi degenerate) behaviour, then what is 😅
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