A DeFi marketplace
๐๏ธLPs: Real Yield, ๐ of Market APY w/ Dynamic Emissions of Utility Token
๐๏ธBorrowers: NFT wrapped stablecoin leverage
Not financial advice
Feb 19, 2023 โข 12 tweets โข 4 min read
The Archimedes Flywheel - lv(๐๏ธ,๐๏ธ)
Why is it better for everyone involved if Archimedes has more lvUSD liquidity? ๐ค
๐ก Answer:
More Leverage.
The more liquidity there is in the lvUSD/3CRV pool on @CurveFinance , the more LEVERAGE can be made available to borrowers.
๐งต
/2
When we say โmore leverageโ, we mean two things:
โ Ability to open more positions
โ Ability to open more positions at a higher multiplier