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May 20, 2022Liked by Recovering TradFi Chad

Worth a look at Liquity USD (LUSD). A very attractive way to get leverage on Eth because the borrow costs are only paid once and upfront (typically 0.5%). I picked up some LQTY (the token that earns the fees) recently.

As you know, I disagree with you on undercollateration being a feature. I think there is an interesting B2B way LQTY can grow via the leverage on ETH it offers.

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