imagine:

1. you put $1,000 into a coin 
2. the coin full sends 1000x 
3. $1,000,000 unrealised 

then imagine:

a. sell (lose half to slippage) 
b. hold (to use as collateral) 

finally, the outcomes:

a. $500k gain ( -$200k tax)
b. $300k loan (non-taxable)

also b. pumps coins

Gami, like ori-gami. Early /nouns contributor and founder /gnars. Flipping fiat with /imf and exploring AI with /noun13. Cults make culture

collateralized lending against a memecoin? 

where does one learn these powers

the /imf 

new paper and docs being released soon. live on mainnet very soon after. then layer twos and solana