# Notes

> Notes cited elsewhere in these docs. Each one is linked from the place that cites it. At Spout's 50% maximum LTV, the most leverage possible is 2x.

Canonical: https://spout.finance/docs/notes/

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Notes cited elsewhere in these docs. Each one is linked from the place that cites it.

- Leverage of up to 2x At Spout's 50% maximum LTV, the most leverage possible is 2x. The leveraged buy is capped at 1.98x, just below that, because the issuer's quoted price and the price Spout uses to value collateral can differ slightly, and the small margin stops a new position from opening above 50% LTV. Cited on Introduction. See Buying With Leverage.