77: Jon Wu on Ethereum Merge, Starbucks/Polygon & Kanye’s Business Deals
Not Investment Advice
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Borrowing Rate
A lot of people are borrowing eth right now, because after the fork, you're going to get two versions of eth in youre wallet. And a lot of people on eith are actually making a bet that e p o w, which will be kind of this, like other chain that forks away from e p o s, will continue and will have value. So if i like, borrow east, but like, don't pay more than three % for borrowing it, then it's like kind of free money. But also, the borrow rate is going tostart spiking in the final hours because, like, let's say it's 11 59 on the night of the merge,
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