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You could use an Alpine Butterfy knot instead of the Thimble Loop to set up in SRT. Either way, you'd have to go retrieve it. Yes, the butterfly would eat up some of the useable rope, but not that much. I just like the extra weight that Thimble Loop provides when advancing the lanyard.
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oceans, yes, that would work too...I just like drt, very easy removal of lanyard.... or 6mm thimble loop close to you in srt so you can un-hook it easy enough.