Umee, Osmosis, and Liquid Staking

Okay, let's have a little @Umee_CrossChain-fun.

The $OSMO borrow rate is back down to manageable levels, and I have $stOSMO supplied.

WAT DO??? 

What I do is borrow some $OSMO, that's what I do.

Or, ... I try to.

A weakness of @Umee_CrossChain, I've found, is that transactions and cross-chain transfers are just as likely to fail as to complete.

Not good for a protocol with 'CrossChain' in their name.

Okay, I set the priority to 'high,' spending all of 0.1 $UMEE, and get that working, then transferred to @OsmosisFrontier.

The neat thing about Osmosis is that they allow asymmetric provisioning, 'zapping,' for you plebs. I provide 50% of my borrowed $OSMO to the stOSMO-OSMO LP.

The other 50% of the borrowed $OSMO I have @stride_zone give me $stOSMO, send that to @Umee_CrossChain, the supply that to the money market.

Thus, we loop $stOSMO on @Umee_CrossChain, hedged by stOSMO-OSMO LP on @OsmosisFrontier. 

I, in fact, do the stOSMO supply-OSMO borrow loop twice. 

I'm not borrowing the max amount, because: my rule.

My rule: when I enter a new-to-me protocol, start smol.

Let's see where we land. 

Okay, I started with $250 $stOSMO supplied.

I now have $80 of stOSMO-OSMO LP on @OsmosisFrontier.

How much of it is mine? 💯

How much of it is borrowed? 💯

AND!

I now have $487.13 liquidity (leverage) in @Umee_CrossChain 

This is the power of leverage, folks.