Looping
Opening a MegaLoop Position
Navigate to the MegaLoop section
Select your liquid staking asset
Choose the amount to deposit
Adjust leverage using the slider
Review health factor and liquidation price
Open position
Once opened, your position appears in the Dashboard where it can be monitored in real time.
Managing Your Position
MegaLoop positions remain fully adjustable.
You can:
Add collateral to reduce risk
Remove collateral to free capital
Reduce leverage by repaying debt
Close the position entirely at any time
All changes update instantly and reflect current market conditions.
Risks and Considerations
MegaLoop uses leverage. Leverage increases yield but also increases risk.
Liquidation Risk If collateral value drops or interest accrues too far, your position may be liquidated.
Liquid Staking Token Risk Liquid staking tokens can deviate from their underlying value. Any pricing imbalance increases liquidation risk.
Borrow Rate Volatility Borrow rates adjust dynamically based on utilization. A sudden spike can reduce or negate net yield.
Market Liquidity Large positions or volatile conditions can impact execution and rebalancing efficiency.
MegaLoop is intended for users who actively monitor positions and understand leverage mechanics.
Summary
MegaLoop turns MegaEth staking yield into a compounding strategy.
Higher efficiency Higher risk Full transparency
Use responsibly.
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