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97 - The Bull Case For ETH III | Anthony Sassano, DC Investor, Cyrus Younessi

Bankless

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Understanding the Carry Trade in Crypto Yield Farming

This chapter delves into the carry trade concept within the cryptocurrency space, emphasizing the interplay between stablecoins and staking rewards. It highlights how enticing APYs on assets like DAI motivate traders to convert USDC, using historical examples from the DeFi summer to illustrate yield farming's impact on market dynamics.

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