Their synthetic dollar,

in hive-150943 •  4 months ago 

Their synthetic dollar, deUSD, is minted from stETH and sDAI collateral, which is used to short ETH in a delta-neutral position.

This funding rate basis trade captures yield when funding rates are positive.
#SheDao #Tiptag

1000305879.jpg

hive-150943 shsdao mmm shedao tiptag
4 months ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$3.46
  • Past Payouts $3.46
  • - Author $1.73
  • - Curators $1.73
3 votes
0
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!