Degenerates ๐๐
Page about Degenerates
You, the Degenerate
You are a true Degenerate. You donโt wait for things to happenโyou make them happen. Where others fear the dip at worst, and muscle through it at best, you profit from them. You thrive in chaos and embrace the volatility. You donโt Hold On to anything bad. Life is meant to be lived fastโand so is your portfolio.
You arenโt here to watch the grass grow. Youโre here for the next moonshot. They who only go long miss out on the true opportunities in the market. The Diamond Hands might never lose, but in the end, you know whoโs exiting with the bigger stack.
On DegenPrime, you borrow from the Diamond Handsโthe very ones who think theyโre playing it smartโand put that money to real use. Youโll leverage, trade, LP, and play the market like it's supposed to be played: At high stakes.
Sure, at times you might lose or get liquidated, but when you win, you win big.
What's a DegenAccount on DegenPrime?
Degening on DegenPrime means borrowing other people's assets for your own gain. As a borrower you manage a full cross-margin portfolio of borrowed assets (and your collateral), to interact with the Base ecosystem. You pay a variable interest rate to lenders (the Diamond Hands), but that's all you're paying. Any profit made from their assets is yours to keep.
You can go leveraged long on your favorite memecoins, or go short on those destined for failure. The borrowing power varies per asset, and your account health shows how close you are to liquidation (more about liquidations here). Those assets that you keep in your account, whether memecoins / AI tokens or stables, can be used to LP to Aerodrome and Virtuals. Any interest you make on that? All yours.
If you want all the risk management solutions, with a more risk-averse approach, check out DeltaPrime instead.
Here, we go big or we go home.
Last updated