The demand for leverage in creptis is really high. Who would be vetily the parties who mdemontemos, levrace? I think speculators probably first foremost. One of the big reasons for the success of f t x is that you can use any coin almost as collateral on the exchange. So if you own some weird defy coin, and then you want to get quickly long a lot of big coin n ether,. You deposit it, and then you go by thes so a, that's, i think, the biggest user of the leverage.
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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