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The Chopping Block: Curve Crisis Concludes With a Whimper, PayPal’s PYUSD Raises New Questions - Ep. 529
Unchained
The Elasticity Experiment in Crypto
The amount of dying circulation went up by almost exactly the amount of incremental die that was added to the dsr. The key metric is the spread between borrowing against your die versus Sort of minting new die. It does appear like the Financialization of die is mostly going to appeal to smart traders. We're gonna orbit away pretty quick That said it did get a lot of eyeballs with the headlines of oh my god Dye is offering 8%.
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