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RE: LeoThread 2025-02-03 16:12

in LeoFinance19 hours ago

Part 2/6:

Mara joins in, having previously explored Radex, a decentralized exchange where users can trade JLP. She elaborates on how JLP operates differently than other assets, particularly in how yield is distributed. Stephen goes on to clarify how Radex abstracts yield, allowing traders to purchase yield tokens (YTs) that effectively act as a rental for yield from the underlying asset, making it a fascinating new tool in the DeFi toolkit.

The Game of Leverage