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Livestream AMA-Ask me anything about

, Alameda, $FTT, or charity! Comment in the live stream, on this tweet or in our Telegram: t.me/FTX_Official twitter.com/i/broadcasts/1

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3x token disadvantages to 3x margin?

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Advantage: way simpler, don't have to manage margin Disadvantage: 3 bps/day management fee, no advanced order types

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Thanks! So can get chewed up like with levered ETF decay?

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Maybe just a little bit :P