Data Wolf đŸș
Data Wolf đŸș
DAI-0.01%
ETH+4.16%
Afaik the weird dynamic here is that 1) points awarded via yt is on the usdai. People light money on fire by bidding yt and push interest up. 2) you realize profit on usd terms not usdai via pt or lp as it matures. You also get points, earn money via the yield but suffer some losses via the positive depeg normalizing People buy PT for yield but its not enough to push yields down Feels like there’s some imbalance here that I can’t describe well.
lito
lito
USDai 4% overpegged - supply caps are hit and people aping regardless to get exposure pre-tge how high can this run? at $2 im taking profits đŸ€
Gallery 1
Sourced fromtwitter
1.55K
0
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.