“Give me a lever long enough and a fulcrum on which to place it, and I shall move the world”
We can't say enough good things about Archimedes the person, a candidate for the @newmichwill of the ancient world.
But what about the new leverage product from @ArchimedesFi?
🧵3/8
As with many marketplaces, it's a careful balance of supply/demand
The general flow:
* LPs put money into the 3CRV/lvUSD pool on Curve.
* Archimedes auctions pool liquidity to leverage takers.
* Leverage takers select among a handful of pre-canned strategies