Have some ETH? Stake that for a loan of an ETH derivative, then use that to borrow more ETH! You won't believe what comes next, you can stake that borrowed ETH for a loan of an ETH derivative!

    • DinosaurThussy [they/them]
      ·
      2 years ago

      Right, probably not a very broad-audience reference. The Thomas clips are classic, though. The TLDR is that you can craft armor that boosts your potions skill and then craft potions that boost your crafting skill and do that an infinite loop that will eventually crash the game if you try to equip the items.

      So in other words, I’m assuming this crypto scheme relies on slight difference in market values between coins, but rather than be a true infinite loop, would fall apart once your debt ratio gets too high