AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
What's a Pet Peeve in the Market?
Lynn: It's interesting the asymmetry of the hit rate early on. You're expecting it to be low, but you're looking for these asymmetric returns. So where there's been a collapse in crypto, DeFi yield or firms orientated around that yield generated on the Lightning Network will be able to fill that void. The current reference rate as still market measures it through AMOS's Magma marketplace is around 3%. And the yield can be generated to that degree now. I expect to see that click for people especially as they start to understand that there was no economic activity underlying with yield generated in crypto and look for alternatives.