Magical Composable Leverage Machine - w/ Ilgiz & Amplice from Gearbox - Flywheelpod #27
Flywheel DeFi
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DeFi, Where Do You Think the Next Narrative Will Be?
I'm not sure if that collective thought has got into people's minds yet because I feel like if you're like GLP is kind of, and GMX have kind of built this very strong following. What's more interesting to me is like, so GLP is what? GLC, youth and USD basically in an LP position, right? So GLP users could be quote unquote, making money, but it might feel like they're not because they're down in BTC or they’re down in ETH. And does that need to like lose a bunch of liquidity, which then affects the exchange, that kind of thing? We're really interesting to see what happens.
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