@Route2FI@anchor_protocol Great thread. How confident are you about USTβs peg if APY incentives fall to a level where we start seeing massive outflows?
2/13 A way to do that is via funding rates, which are essentially payments made by longs to shorts or viceversa depending on market conditions in order to arbitrage price divergence and keep it as close as possible to the spot price.
One of our early plays for that was @bonfida
1/13 My team and I have been experimenting a lot on perps DEXβs during 2021 in order to understand potential risks/vulnerabilities and safely scale deployment of AUM in our Yield Fund, which is exclusively focused on generating yield through a delta neutral approach.