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RE: 50% Tax = 0% Thorchain Lending Risk

in LeoFinance10 months ago

If it's not worth it then you'd just do a higher amount.

Leveraging long just means selling the $1000 into another asset you're bullish on.
In fact that asset could just be Bitcoin itself.
You can stake Bitcoin and borrow Bitcoin in the same operation.
In fact you can borrow direct any asset that Thorchain has to offer.

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Oh, okay. I'll have to look into it. That makes a lot more sense now.