Repeat after me
I won’t fade $BEYOND
I won’t fade $PARAM
I won’t fade $TRIP
I won’t fade $BLOCK
I won’t fade $MOJO
I won’t fade $BUBBLE
DON’T FADE THIS POST
@limewire $RICY
There's BILLIONS in leveraged bets on the Eth PoS activation via AAVE & Lido's synthetic ETH token stETH.
1) Stake ETH in Lido for stETH
2) Deposit stETH in AAVE & borrow ETH
3) 🔁
One problem: you can't unwind this trade.
If stETH:ETH peg fails, many ETH bulls will be rekt.