The margian long wants to be long, but he doesn't have enough dollars. So the way he does it is he buys and is happy to pay whatever that cost ends at being. And then the natural sellers are foro ppeople who want to be short. But in a boll market, nobody wants to be short anything. Ah, and so i think definitely, as the market to grow and mature, yu're gong to see this kind of poll factor be too big to ignore for a lot of a financial utions.
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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