Didn't expect my first grvt content about buyback to get that much attention lol
@grvt_io team also liked + quoted it
Appreciate that!
Anyway, I briefly mentioned yield as margin in that post but didn't really get into it
Been thinking about how this would actually work
Say you've got some funds in an earn product, collecting yield.
Then you spot a trade you want to take.
Normally you'd have to think about moving funds around or keeping separate capital ready for trading.
What @grvt_io is planning is a bit different
With yield as margin, eligible earn balances could also count as trading margin while still earning yield.
Basically making the same capital useful for more than one thing.
Sounds pretty useful tbh!
Grvt already has its own liquidation system but i'm curious how it'll work specifically when earn balances are being used as margin.
Especially when it comes to withdrawals or liquidations.
Guess we'll get a clearer picture once the feature rolls out in november
Looking forward 🫡
It was one of those projects, as far as i can remember, that kept delaying its TGE so many negative chatters were there that timee
Yeah @grvt_io !
But they've been building quietly and now the first real on chain action is out
They just completed their first buyback
> 1.1M
