Valentin Morozov

[Valentin Morozov @MorozoffV]

@LLuciano_BTC XAU

[Valentin Morozov @MorozoffV]

@QuintenFrancois Dec 2030 — $ETH $3,200

[Valentin Morozov @MorozoffV]

@Bybit_Official ���

[Valentin Morozov @MorozoffV]

@okx 🦴

[Valentin Morozov @MorozoffV]

@binance 🦴

[Valentin Morozov @MorozoffV]

@harry_avax 10/ Thank you for the article!

I think the idea is very good!

[Valentin Morozov @MorozoffV]

@harry_avax 9/ Now the key point: how can we find out the proportions of GM AVAX - USDC at the time of pledging it? After all, the proportions at this moment are not 50/50, then market conditions can play against us. Or GM AVAX - USDC always keeps the proportion 50/50?

[Valentin Morozov @MorozoffV]

@harry_avax 8/ And over time, as your position generates income, Health will grow, right?

[Valentin Morozov @MorozoffV]

@harry_avax 7/ If AVAX grows, then it grows in both your collateral and the loan, and vice versa, if AVAX falls, the structure of the collateral and loan does not change. Thus, regardless of the market situation, your Health will always be 40.05%.

[Valentin Morozov @MorozoffV]

@harry_avax 6/ Thus, the return on your own capital of 150 USDC becomes 131.8%.

[Valentin Morozov @MorozoffV]

@harry_avax 5/ - secondly, a loan with a leverage of 3 is also formed in approximately equal proportions (equivalent to 150 in USDC and AVAX at the position opening rate of approximately 150 USDC) - with this loan you buy additional GM AVAX - USDC tokens.

[Valentin Morozov @MorozoffV]

@harry_avax 4/ and has no impermanent loss - thus your collateral is already protected from the volatility of the AVAX exchange rate (by the presence of USDC in the token),

[Valentin Morozov @MorozoffV]

@harry_avax 3/ - firstly, by the fact that you are given GM AVAX as collateral - USDC, which consists of approximately equal proportions (of course, depending on the market situation and trading on GMX) in both AVAX and USDC