Entropy enhancement and black hole microstates.

We show that the entropy of fluctuating two-charge supertubes placed in three-charge scaling microstate solutions depends on their "effective" charges, which in strong magnetic fields can be much larger than their charges. This leads to a much larger entropy than one naively would expect. Since fluctuating supertubes source smooth geometries in certain duality frames, we propose that such an entropy enhancement mechanism might lead to a black-hole-like entropy coming entirely from configurations that are smooth and horizonless in the regime of parameters where the classical black hole exists.