-0.00077% versus full position at 0.00125%.
$AAVE : The rate is about -0.00077%, with a position of about 0.78 billion and a leverage of about 4.8x; current price is 126, about -0.7%.
$UNI : Still full position at 0.00125%, with a position of about 0.27 billion and a leverage of about 2.6x; current price is 4.47, about +3.5%.
The side where the shorts pay is softer.
I’m betting on tax spread decomposition; my rebuttal is that just looking at the AAVE fee rate turning positive isn’t enough.
#借贷协议 #DEX stratification
$AAVE : The rate is about -0.00077%, with a position of about 0.78 billion and a leverage of about 4.8x; current price is 126, about -0.7%.
$UNI : Still full position at 0.00125%, with a position of about 0.27 billion and a leverage of about 2.6x; current price is 4.47, about +3.5%.
The side where the shorts pay is softer.
I’m betting on tax spread decomposition; my rebuttal is that just looking at the AAVE fee rate turning positive isn’t enough.
#借贷协议 #DEX stratification