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7min chapter
Guy Young (Ethena) on the Past and Future of Crypto Interest Rates (EP.507)
On The Brink with Castle Island
Athena vs. Terra Luna Yield Study
Exploring the differences in yield sources between Athena and Terra Luna, examining the impact of market expectations, ETH staking, and funding rates. The chapter also analyzes how rationality influences leverage decisions, the role of CME in the crypto ecosystem, and challenges in collateral placement on exchanges.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode