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The Single Shard Thesis | Logan Jastremski

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The Future of DeFi

Rocketful has about $78 million of liquidity in the Balancer pool and nearly a million or about 750,000 of plus or minus 2% liquidity. The issue there is there's a mini pool queue right now and it's about 6.5 days. So if I'm a validator, now I have to exit through the ETH withdrawal queue. And then to re-enter after I've captured this arbitrage, I have to give up 6.5 Days of yield. On an annual basis, and in that's the case, I think RE's peg may struggle in a large risk off scenario.

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