Diamond Hands 💎🙌🏽

Page about Savers

You, the Diamond Hand

You are the Diamond Hand. You don't just expect the dip, you laugh at it. The TradFi paperhand normies, they can do the panic selling and the FOMO buying. You, however, have mastered your emotional intelligence. You don't get FOMO, nor do you panic. You got your winners, and you are loyal to them. No matter what the market does, you Hold On for Dear Life, and you never sell.

So, Diamond Hand. Let's put those winners to good use. On DegenPrime you can lend your assets to the paper hand degenerates. They will work, leverage, trade, get liquidated. Some of them will win, most of them will lose. They don't see the true value in your assets like you see it. They don't understand.

And that's where you profit.

What's HODLing on DegenPrime?

HODLing on DegenPrime's Diamond Hand section means you lend your prized possessions to the Degenerates. Whether they win or lose is none of your concern, as liquidation bots will guard your assets for you. If they lose, they will be liquidated, and you will receive your lent out assets back: They risk their own collateral, not your borrowed funds. If they win, good on them, pay up.

Of course you won't provide this service for free.

Degenerates pay you interest. The interest rate is flexible, and based on how much of the pool is being borrowed. If this gets closer to 100%, this means the asset becomes scarcer. If it becomes so scarce that you can't immediately withdraw your lent out assets, the interest rate increases. The interest rate model can be found here.