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zain
@zain
alright n00b question. Why is the utilization on @extrafi so high? Take Aero, about $30M supplied on both Moonwell and ExtraFi but on Moonwell borrow utilization is only 50% vs >90% on ExtraFi Whomever is borrowing on ExtraFi is literally paying 2x cost of capital???
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Jack
@jackten
I'm really surprised nobody has built a bit to Arb these kinds of inefficiencies
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