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Imagine JLP but for stocks
Yes — this already exists
And it offers up to 65% APY on Loopscale
Let me explain:
Stocks from @RemoraMarkets can be traded now with leverage on Flashtrade
FLP.r is the LP token for traders. It consists of a basket of stocks like Tesla, Nvidia, and others
JLP only went up
Now ask yourself: what do you think will happen to FLP.r, given that stocks historically don’t dip as hard as crypto?
How it works:
1. Go to Flashtrade and buy FLP.r
2. Go to Loopscale and choose max leverage
3. Earn up to 65% APY
Disclaimer:
Even with max leverage, your health factor stays around 30%, which means the stocks market would need to drop 30% for a liquidation — something that is extremely unlikely.