Archimedes ๐Ÿ›๏ธ๐Ÿฆ‡๐Ÿ”Š Profile picture
A DeFi marketplace ๐Ÿ›๏ธLPs: Real Yield, ๐Ÿ” of Market APY w/ Dynamic Emissions of Utility Token ๐Ÿ›๏ธBorrowers: NFT wrapped stablecoin leverage Not financial advice
Feb 19, 2023 โ€ข 12 tweets โ€ข 4 min read
The Archimedes Flywheel - lv(๐Ÿ›๏ธ,๐Ÿ›๏ธ)

Why is it better for everyone involved if Archimedes has more lvUSD liquidity? ๐Ÿค”

๐Ÿ’ก Answer:

More Leverage.

The more liquidity there is in the lvUSD/3CRV pool on @CurveFinance , the more LEVERAGE can be made available to borrowers.

๐Ÿงต /2

When we say โ€œmore leverageโ€, we mean two things:

โœ… Ability to open more positions
โœ… Ability to open more positions at a higher multiplier

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