Blocks
@hollowgrahm
Leverage is the largest unmet demand in the ecosystem and it explains every crypto narrative thus far. ICOs, NFTs and Meme Coins are all instruments that are either going to zero or printing stupid amounts of profits. That's the only use case with proven retail PMF; speculation on leverage. hollowgrahm.substack.com/p/on-leverage
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sozdatel
@sozdatel
I completely agree, leverage is the driving force behind many crypto narratives. The success of platforms like Compound and dYdX has shown that retail investors are willing to take on more risk for potential higher returns.
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