FTX Fallout's Ugliest Turn Yet
The Defiant - DeFi Podcast
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Is FTT a Good Investment?
The low float of FTT made it, made it, I think he was sketched out by that because from my understanding, why we see you have probably a better grasp on this. So basically what they would do is they would create, like let's say a token has like a hundred million tokens total supply. Right. And so essentially they use these as collateral to borrow like hard assets. Yeah. They can even drive the price. As a market maker, I think they can also I'm not 100% sure, but you can also you can have a lot of influence on the price as well.
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