US Iran deal reached, needs Trump approval, stocks are ripping, rates are ripping
“Quick, let’s sell all our crypto down 3% on the day!!”
Clown asset class
Looping @saturn_credit sUSDat / AUSD on Ethereum on @Morpho ~6x would mean earning a net 41.4% APY.
Based on sUSDat earning 10.4% APY, and borrowing AUSD at 4.2%.
Pay attention when PT-sUSDat markets launch on Morpho. Even higher yield might be possible.
NFA, DYOR.
@dampedspring The company should be selling at the “dirty” price, ie from 99.05 on ex-div, rising every day in the middle of the ex-div dates, approaching 100, not exactly at 100 at all times
That’ll smooth out flows and prevent the asymmetric dynamics around ex-div date