Blockfie is one of the largest participants in the gbt c trade. When dibtic dip to to ten minus ten % and em, so a lot of people started panicking. I think it posts very little risk to block fye, just because the thing ito remember is that the big wines are still in the trust. It's not like the big ines are not there. So iis very much the backed, a backed asset, ah. And the cost of carry isn't the management fee is two % a year. That fee is known also, not that much higher, even than some of the new competitors that are coming out,. you know, like other
Crypto commands unusually high yields relative to the traditional financial system, allowing investors to earn 20% on fiat and stablecoins and even more on other assets. In this episode, Su and I unpack a very simple question: Where are these yields coming from?
Topics discussed:
- Unpacking the three major sources of yield in crypto
- How sustainable are they?
- What are the risks?
- How the GBTC premium or discount affects the market
Su Zhu https://twitter.com/zhusu
Hasu https://twitter.com/hasufl
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