Steven Pack

Not as fast.

Yeah, so that's the sort of like you're just trying to use a small amount of collateral to secure a large amount of asset and the spread between them is how you profit.

So that's kind of your goal.

And this is a trade fire thing as well, right?

People borrow money to invest.

And mechanically, there are a few ways to get there.

There are things called flash loans where you can take your two ETH, borrow another eight to 10 STE, supply that back to the place where you borrowed it from.

It's a single transaction and you're done.

You're just kind of all set up.

But that's a bit more advanced.

You need

I need to write code or have sophisticated tools for that.

If you're not going to raise the levels of leverage, you can actually do it manually.

And that's why it's called looping, which is to say, start with two ETH, mint two staked ETH, supply that staked ETH to Aave, borrow one and a half ETH from Aave, mint staked ETH with that.

So you get another one and a half, supply that back, borrow another one,

So, and you just, you do this until, cause you can borrow a little bit less each time.

So, you know, the number of loops and then you end up with an amount of leverage.

Yeah.

So definitely don't do it if the borrow rate is higher than the staking rate.

Yes.