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That's just a different way to say you can leverage yourself close to infinity if you want. (How close depends on how much sETH trades to ETH on the dollar - i
by MauranKilom 4y ago
That's just a different way to say you can leverage yourself close to infinity if you want.
(How close depends on how much sETH trades to ETH on the dollar - if I understand the article correctly, it used to be pretty close.)
- glerk 4y agoYou can certainly leverage yourself, but not anywhere close to infinity. How much sETH trades to ETH depends on the supply and demand on each side. The more sETH tokens you bring to trade, the higher the price of ETH will be.