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Yesterday, one of @GearboxProtocol users realised a profit of $280k on a leveraged stETH position.

Gearbox Protocol
Gearbox Protocol
Twitter
03 Jan 2024, 09:50
Yesterday, one of @GearboxProtocol users realised a profit of $280k on a leveraged stETH position. Their debt was from a DAI pool with $1.9M liquidity On perps, this would mean LPs facing a -15% drawdown, yet PURE lenders earned POSITIVE returns(organic) ☘️ How?