Slava (slavaonchain)

Warpcast feels pretty good. I've missing out on it. Better late than never

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BTC ATH before halving?

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TL;DR on Ethena: 27% yield comes from funding fee arbitrage. The user staked ETH as collateral and hedge the position by opening a short perp position on an exchange. My thoughts 💭 👇

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This insanely high yield on stablecoin imo is not scalable. It relies on insurance fund to back collateral in case of negative funding + have enough assets to short on an exchange.

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