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wake
@wake.eth
for simplicity's sake, set degen to 1 usd. how much [money] would you lock away for 90 days to be able to freely invest (or steal) 900000/ USD during that period? 1 million? 2 million? 10 million? 100 million? fwiw I think the upper limit is around 10:1, ie I would be willing to lock 10m USD maximum for 90 days to freely invest 900k over a 90 day period (ceteris paribus). what about you?
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Gambino
@greatgambino.eth
Would definitely lock 10 million (if I had it lmao) for a potential 900k return. 100 million is too high and not worth it
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Ramsey π©π€
@ramsey
But it's not "return". Well, it is if you tip yourself. But that's not ok, right? Right?
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wake
@wake.eth
I've included the "or steal" provision. Permitted in this intuition pump (thought experiment).
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Ramsey π©π€
@ramsey
I saw and I completely agree. I just wish the team would say if this is ok or not. If they decide on a whim that it is not, can they lower or dismantle your allo, while keeping the lock? If it is ok, then it is "yield". And all is fair game. If it is not, then I don't see the point behind the lock. Especially more than what is needed for 10k allo. IMO this new system will get abused. a lot.
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