How Much Leverage Should You Apply to a Portfolio?

The idea of leverage is to empower an investor to be able to eat their high-sharp ratio, right? The more uncorrelated return streams you add to it, the more return you get per unit of volatility. So if I have a portfolio that with no leverage, I'm expected to get about 3% excess returns for, you know, 2% annualized volatility,. And I'm able to take to tolerate a volatility that is approximately the same as what a normal balanced portfolio might provide. Well, I mean, I guess it depends. Certainly there's jump risk and there are shocks. We just had a very substantial rate shock in March. There's like 10 standard deviations or something