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I wrote a new article on leveraged tokens! I think it does a better job of explaining what they do than the other ones:

Leveraged Token Walkthrough [READ THIS]

Disclaimers None of this is investment advice. Much of the below analysis ignores any difference between futures and spot prices, and ignores the effects of fees. It also ignores slippage incurre...

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@El_Crypto_Ball

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Forgive me for being such newb but I'm not seeing how you make money. In your example you mention buying $10,000 worth and then redeeming and getting $10,000 back. What am I missing?

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@El_Crypto_Ball

Heh I was just describing the mechanics of doing so--not actually making money. You'd make money if you create $10k worth of ETHBULL, then ETH goes up 10%, then you'd redeem your ETHBULL back for $13k

2:00 PM · Aug 23, 2019Twitter Web App

@El_Crypto_Ball

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and

Oh, duh thanks man 😊 great article really appreciate it

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