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Thomas Mattimore
@mattimost.eth
fact that "market has cooled down" and bluechip lending rates are still at these levels is wild (screenshot from app.reserve.org)
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BraveNewDeFi
@bravenewdefi
DSR tends to anchor rates since people arb the DSR and across lending markets. Soon, the DSR will move from 13% to 10%, so we'll see if rates already reflect this or if they drop another 2-3% from here. Agree that it's strange to see stablecoin yields so high, but high yield stable opportunities driving demand 😉
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