103. MONEY | Is This the Next BIG Crypto Narrative?
Alfalfa Podcast
00:00
Is There Any Risk in Buying a Cryptocurrency?
Ave came out with a feature called, I think it's called emode. This basically means that you can take your ST ETH, you borrow 99% ETH against it, convert it back. You're going to be able to like uber leverage the staking yield, right? So this will cause like a like sucking in vacuuming, I call it the vacuums, the gums. It'll just skyrockets because everybody is doing this particular trade and everybody goes crazy. But who's collecting all this value at the application level? Well, maybe not Ave, maybe not TVL.
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