@FabianoSolana I don’t know if I’m missing it, but it looks like it’s not possible to loop hyusd on loopscale yet. There’s a PT-HYUSD loop option but it’s not possible to deposit yet from what I can see
@hylo_so nice, but I guess the main question is about how fast the value decay of the xasset takes effect now. For example if SPY goes through one of its prolonged pullbacks for a year, is it safe to hold through that period or will the value decay.
@perena For me, either way is fine. I've been checking on USD*J since it started and for me the main detractor is that the rate tends to fluctuate, making returns a little hard to predict. Otherwise, I imagine it would do well in looping protocols, for example a USD*/USD*J loop.
@inno_ox@MeteoraAG What would revolutionize trading if it was possible to place DLMM LP buy positions (e.g., USD bins to convert to SOL) above the current price rather than below it. Help traders get in as price goes up and automatically get out when it goes down. I want to beg them for this...
@MeteoraAG@solana This is useful, but Meteora would revolutionize trading if it was possible to place DLMM LP buy positions (e.g., USD bins to convert to SOL) above the current price rather than below it. Help traders get in as price goes up and automatically get out when it goes down.