@DeFinalFantasy @GranaryFinance Can you please keep us updated on what is gonna happen to the fantom market? That bad debt gonna increase by alot if only multi usdc and usdt are covered, but for example multi dai goes to zero ...
@Jayn1sh @Cringe@FantomFDN Agree but maybe add "yet" any eth L2 yet... But i wouldnt trust those reserves that much, just look at the foundation wallets and how much of that money is in dex farm tokens ...
@GeistFinance Are you guys able to change vaults or is this hardcoded? Because 50% is gonna be alot when emissions stop, and some LTV's are maybe to conservative. For example ftm LTV 50%-65% for most liquid token on the chain? 70-75 would be nice
@cryptofarmftm What's the situation with geist atm? USDT is at 100% utilisation but profit for lockers not showing up in stats, seem to be something wrong with the vaults they suppose to swap manually to dai...
@GeistFinance Why is this not showing in earnings for lockers? There was 3.5M USDT borrowed at 64% apy all sunday this should be about 3000 usdt earnings for the protocol. Those earnings are not there, there is something wrong in the dai to usdt conversion or protocol has bad debt...
@ks_is_me@GeistFinance Why is this not showing in earnings for lockers? There was 3.5M USDT borrowed at 64% apy all sunday this should be about 3000 usdt earnings for the protocol. But those earnings are not there, there is something wrong in the dai to usdt conversion or protocol has bad debt...
@logicalgraphs@miketho15343550@GeistFinance hi, did you calculate if you would earn more using DAI as collateral and not usdc/usdt? The LTV is lower but the geist rewards are a bit higher
@AnghelContiu@GeistFinance It is not relevant, only thing that matters really is the apr from platform fees, witch is kinda trending down because some whales who only want the eth apr and don't do any borrowing ...
@OwenP30 Would love to see more trading options on fantom for sure, for me would be => etc, monero and lido staked eth (maybe with integration on geist in future)