1、Binance has already opened short selling. Compared with the exchange volume and on-chain trading volume, the opening of short selling on Alpaca will not unduly affect the market.
2、If open shorting increases the volatility of alpaca, it will actually attract more people to trade alpaca, which not only increases the popularity of alpaca, and these extra trading volumes will also provide more profits for alpaca-busd lp .
3、Going short will lower the price in the short term, but in the long run, borrowing alpaca to go short is actually bullish, because he needs to pay interest continuously, and the interest is bought into alpaca, that is to say, he must keep buying alpaca, and when he closes the short, it is Those who need to buy alpaca to repay the loan, this buying and selling actually has no effect on the price in the long run, but instead pays the interest to buy the alpaca.
4、3x borrowing alpaca can attract more people to farm, provide better depth and liquidity for alpaca, and provide higher interest for alpaca without lock-up.
5、Even if the price falls in the short term, more alpaca can be repurchased and burned. The current price of alpaca has little effect on the protocol. Most token holders are long-term investors. What we value is the next bull market, and the current price fluctuations Don’t care so much, opening 3x now will pave the way for the next bull market, and get rich together in the next bull market.