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mark🔴
@markyg.eth
ELI5: how is Ethena contributing to raising interest rates on lending markets?
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Tonyp
@tonyp
sUSDe is yielding 37% right now. If can borrow stables below that rate, I can make more money. Lenders will move funds to lend against sUSDe because the rates will be higher, pushing rates up elsewhere.
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