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I think that it's really interesting how people view futures on it!
Like I think the basic story is "futures reflect expected future rebases", but I think a lot of people interpret them as "wow people are bullish/bearish
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Absolutely no exposure to the actual re-base/elastic supply changes! I don’t know if Ampleforth is well enough known for people to understand this yet. Once they do understand this, if AMPL still trades where it is now, I would be very surprised. Would you agree?
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