Low borrow rates for $ATOM on Mars' Neutron outpost offer an opportunity for leveraged staking. Here's one approach:.
11 Jan 2024, 19:34
Low borrow rates for $ATOM on Mars’ Neutron outpost offer an opportunity for leveraged staking. Here’s one approach:
1. Deposit @stride_zone ’s $stATOM
2. Borrow $ATOM (paying ~3.5% at the moment)
3. Sell borrowed $ATOM for $stATOM
4. Deposit $stATOM and repeat
Thanks to…