Re:UST Stablecoin Loses Dollar Peg
by mikeyouse on Monday May 09, 2022 @10:50PM
(#31322866)
The point isn’t how much would you want — it’s what could they possibly be doing on the other side of that debt instrument to yield more than that.
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Flash loans is one thing that I have no idea how I could get as a typical retail tradition finance customer, but are readily available on crypto. In the ideal (impossible) case they are riskless. Executing just 200 of them yields ~20%.