Re:UST Stablecoin Loses Dollar Peg
by bfz on Monday May 09, 2022 @09:22PM
(#31322239)
FWIW many of these yield generation products work by selling options under the hood.
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Re:UST Stablecoin Loses Dollar Peg
by muhammedbash on Tuesday May 10, 2022 @04:49AM
(#31324926)
Selling options is not riskless. They would be collecting pennies until there is a big market move and they are on the hook for dollars.