Introducing the Loop Strategy for Leveraged WAVES Position in the second article.
20 Jul 2023, 15:15
📈 Introducing the Loop Strategy for Leveraged WAVES Position in the second article! 📈
💰Unlock the potential of your WAVES holdings with the loop strategy on EAST.Finance with simple steps!
💸 Profitability and Risks:
The success of this strategy hinges on WAVES price movement. If its price rises, selling the collateral. This approach empowers you to multiply your gains when token price increases.
⚠️ However, be aware of the risks involved. A decline in WAVES price can diminish the value of your collateral. If the collateral value falls below the liquidation ratio, there's a possibility of liquidation, resulting in losses.
Start leveraging today and ride the waves of success! 🚀