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Cryptoyieldinfo
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Very pleased some of my
ETH
was fully redeemed on
liquity
a couple days ago.
Will buy back at 20% discount.
#ETH
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Cryptoyieldinfo
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So after all these years do we still not have a way to speculate on oil price in defi? I remember sOIL on synthetix, when was it maybe 5 years ago? If there is a way today please let me know.
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10000 veVIRTUAL (~$20,000) max 2 yr lock = ~50000 points per day 50000 points per day = ~$600 per day (IRIS example) $600 per day = $219,000 per year Yield of max lock veVIRTUAL (excluding other airdrops) is ~1000% APR Overestimate because future tokens unlikely as good as $IRIS, underestimate because excluding other airdrops. Anyway APR is high even if consider the VIRTUAL lock as a burn. @virtuals_io
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Gold up 3% and bitcoin down 3%. That likely corrects over next couple days as investors take over traders influence of bitcoin price. Bitcoin is an even better safe haven asset than gold, but traders dominate the first few hours of surprise negative news.
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Running a liquity pool at low APR and getting redeemed feels a bit like running out of range on concentrated liquidity. Except with the fees when price goes down again you realise you made a profit inadvertently. Like a reverse liquidation.
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The 11 million virtual point bidder has $700k of VADER staked and locked for a year. Probably best way to earn points.
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