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For instance, with a $100,000 investment in gOHM, holders could secure a loan of $95,000 in DAI, a stablecoin, without the fear of facing liquidation if the value dipped. The minimal 0.5% annual interest made this an exceptionally enticing opportunity.
These attributes led many including myself, to view this strategy as an “infinite money glitch.” By leveraging capital through cooler loans, investors could simultaneously engage their funds in diverse investments, maximizing growth potential while experiencing minimized risk exposure.