One of my fav strategies:
1) Deposit $10K UST in Anchor (you get aUST)
2) Borrow mSLV with your aUST
3) Sell mSLV at Terraswap for UST
4) Repeat 4x and deposit to Anchor
5) You now have $20K UST earning 19,5% APY instead of $10K
6) Buy mSLV on dips to hedge
Risks, see below 👇
.@ProPublica has obtained IRS records for thousands of America's wealthiest people.
To understand how some ultrarich stay that way without paying much in taxes, familiarize yourself with a strategy known as "Buy, Borrow, Die." (THREAD)
Lmao! I taught @FreddieFreeman5 this death stare. It says everything u need to get across without verbalizing, getting ejected and fined. Nicely done kid!