Ethena sUSDe yields dropping as financing rates got crushed. Still a decent 10% but nowhere near the 30%-40% we saw just a few weeks ago. Pendle implied YT yields still looking quite expensive compared to this at 30% for September expiry. Sure, these include Ethena sats and Karak XP but are they worth that much..? Disclaimer: I am short sUSDe yield on Pendle.
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Noticed I just paid 1.33 USD for a simple swap on Arbitrum. Used to be in the order of 0.01 USD since EIP-4844. What's keeping the network so busy - $ZRO claims?
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It’s not a donation if you’re forced to pay it. It’s a tax.. 🤦♂️ I’m generally fine with the idea but.. (i) don’t announce it minutes before the claim goes live and (ii) just call it what it is. $ZRO
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