Lighter $LIT The structure seems great, but when will the price go up? 1. 8.5% APR despite a significant staking penalty 2. Not bad LLP yield (needs to wait a few more months) 3. Funding fee rebate (premium + 15% funding fee rebate when holding 50,000 LIT): - I think this has a too high return-to-risk ratio. Just as I expected, the Berry or loss refunds will be reduced, so will this inevitably be reduced. If it doesn't, I guess I can live off of LIT and everything else? 4. (Someday) Use LLP deposits as collateral (like extended). If you utilize all of this, LIT staking interest + LLP profits + LLP deposit collateral two-way funding fee rebate strategy + (if you want to hedge LIT) LIT short fund fee. This looks like it could be a lot of fun.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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