3min chapter

Odd Lots cover image

This Is How the Terra Stablecoin Actually Imploded

Odd Lots

CHAPTER

The Opportunity Cost of Not Shorting

i imagine there were a number of people who would have liked to, or may have bet against this overtime. The funding rate on putting on shorts was extremely high because the opportunity cost was getting yield on anchor at 20%. So that's why, a, no, that's why thi, this trade, i think, was particularly difficult to put onah justom,. But te, you know, on the oter side, it's also very violent, right?

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