@citizenofgmx The GMX/USD market currently has an APR of 650% - although the trading fees along puts it a still repectable ~25%. Do you know where they're getting that other 600% apr from? I've seen a couple of others ask the same question with no reply
@Jonas_ALA@GMX_IO@layer3xyz Hi @Jonas_ALA , I looked through the GMX announcements and docs to see how that APR was derived- I didn't see anything specific to that pool. Beyond the normal fees, is that pool getting $ARB airdrops or something like that? If I missed a doc page, please let me know. Thanks!
@tankterminator@wclemente So you're saying the same people responsible for creating the concept of GDP, the agencies that literally invented that metric, don't understand how to use it?
Google 'Simon Kuznets' real quick for me
@KMehrabi@Tao_Zao@matter_defi@BTC_Tez It seems hard to get BTCtz though, right? I couldn't find a DEX with enough liquidity to do a small-ish transaction without crazy price impact.
@realCrypt0Dino@GreckoCrypto@larry0x I still haven't seen ANYONE be able to get the famous "1$ of LUNA" out of UST. This feature was so highly touted, why is no one talking about the fact that it.... doesn't actually work/exist?
@TerraLUNADaily@danku_r The market rate for UST β LUNA on TerraStation's "market swap", where you supposedly could get 1$ worth of LUNA for 1 UST, had absolutely NO difference than any other regular exchanges LUNA/UST pair. So this mechanism doesn't appear to actually work...
@MeetWawa if market swap were letting me get 1$ of Luna from UST, why is the the $ per UST price so different from oracles? Isn't the market swap supposed to get me a 1$ worth of Luna for UST? Market swap is off by a large degree here..
@rustee30 @OasisProtocol That tweet is about the <take> function on EvoDefi, which is the preferred bridge of valleyswap. The <take> code is not on valleyswap at all...