Create a Leverage Cycle
as of 18/06/2023
If you can create a "Long" or "Short" position that uses leverage, you can Cycle this leverage to increase further the exposure of that position. If a user makes a "Short Position" against EGLD, he would supply USDC, Borrow EGLD against it, and then sell the EGLD. To start a Leverage Cycle, they would supply the USDC generated from the EGLD sale as additional Collateral to get a loan of even more EGLD and repeat the process many times. Each Collateral Supply will permit a smaller Borrow position, but there is a limit on the number of Cycles performed.
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