With the new release of Rainfi Liquid staking to borrow against your Staked Jup, wouldnt that be also suitable for $sCloud? Id like to leverage my position by borrowing against it and buy more cloud to stake with the usdc might be a good volume play.
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I think they wouldn’t focus on cloud it is not big enough for them…
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this is a good idea. Rainfi are pretty small so I think this could be a goer.
Ultimately you want to get into Kamino’s Multiply feature as that’s a big unlock in terms of liquidity as it makes looping really easy and it’s got a heap of eyeballs on it.
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i dont think jupiter and rain collab’d on it - rain just made it a product that they offer
those borrow rates are crazy lmao
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If Sanctum were to do it they would also need to set up a borrow pool with reasonable rates and sufficient liquidity on RainFi as well.
I like this idea. I don’t know why more teams aren’t exploring doing it. It’s another way to give value back to holders, which isn’t just a give away, whilst also earning revenue.
Though maybe this is better in something like Loopscale?
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Have reached out to Rainfi team let’s see what they say
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