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Thomas Humphreys
@so
Can we stop saying "looping" and start saying leverage? Bc that's exactly what's happening
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Thomas Humphreys
@so
"Looping involves lending some capital (e.g. ETH on Aave), borrowing another currency (e.g. DAI) against it, swapping the borrowed amount for the original asset (ETH), and repeating the steps through several loops to gain more exposure to the initial asset (or farming rewards)." gain more exposure = leverage
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