Content
@
0 reply
0 recast
0 reaction
Monteluna
@monteluna
/cryptobanking update With the market's recent moves up, free floating stables have been underbought versus paired liquidity with ETH, pumping up their price. @letsgethai is now trading close to redemption price, and further moves up will likely move the rate controller to negative interest rates, paying you to take credit with various collateral types. We are now nearing the point where the market is literally paying you to lever up, but with the past liquidation events, it's likely there aren't many people left willing to take risk.
0 reply
2 recasts
3 reactions
