gold funding charges per day
▶ bybit: 6
▶ bitget: 6
▶ okx: 3
▶ @grvt_io stable funding perps: 1, at market close
fine print first:
⇢ weekend funding still exists, rolled into one triple charge
⇢ wednesday for metals, friday for energy
⇢ trades during set market hours
why it matters: fewer charges means fewer surprises when you hold for days
plus 0% trading fee, no spread added by grvt
does funding frequency change how long you hold a perp?
stablecoin issuers usually keep the upside for themselves
wlfi just put $10M ethereum:0x8d0d000ee44948fc98c9b98a4fa4921476f08b0d into a public buyback wallet instead
▶ stated goal: more governance participation from long term holders
▶ execution on aster, trackable onchain
▶ pace tied to how the ecosystem grows
if usd1 keeps expanding, this wallet becomes the one to watch
how big does it get by next year?
JUST IN: World Liberty Financial confirms $WLFI buybacks will be executed on Aster.
$10M in USD1 is already in the buyback wallet.
A stablecoin business buying back its own token.