This actually beats delta neutral short perp/long Coin when it’s 0.01% funding rate. Even Ethena will be out of bizzness. That said, I wanna see simulation from November 2021 to present. I wanna see how this performs during the bear market and during recovery. @newmichwill
Just finished final simulations for @yieldbasis. Is it good for Bitcoin?
Forgot to add that this is far superior to Ethena during a bull market because this is not delta neutral yield. This is exposure to bitcoin upside while collecting yield.
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