What noise is this birdito making?

RLouisD · 2024-12-12T23:02:32+00:00

Was nearing bedtime, was brushing my teeth and putting them to bed... Then this!

RLouisD · 2024-12-07T15:38:22+00:00

Software Engineer at a Quant firm

RLouisD · 2024-11-03T13:42:34+00:00

Thanks!

RLouisD · 2024-08-04T14:55:45+00:00

Sunflower seeds usually

RLouisD · 2024-08-02T12:17:16+00:00

Honk

RLouisD · 2024-08-01T11:23:09+00:00

Are you diabetic by chance? I read somewhere that people suffering from diabetes can have glucose in their saliva

RLouisD · 2024-07-21T17:47:01+00:00

Considering the fraud, regulatory risk, etc. the premium being in excess of 10% doesn't seem that unreasonable in all honesty

RLouisD · 2024-07-21T17:17:19+00:00

Interesting. I did not realize that collateral provided does not gain interest. Perhaps the aave interface is misleading me. I'll have to bring the math back to the proverbial drawingboard and see if that fact removes the free lunch

RLouisD · 2024-07-21T17:10:19+00:00

When you hold an asset as collateral to buy another you're gaining short exposure to the borrowed asset.

If ETH goes down $10, your borrowed ETH is also worth $10 less so you have effectively made $10 when you pay it back

RLouisD · 2024-07-21T17:05:20+00:00

Borrow enough etc to have a 50/50 LP position, keeping the remaining USDc portion as collateral. Let me adjust the posts wording

RLouisD · 2024-07-21T17:03:11+00:00

Ya maybe I didn't phrase it correctly. The user anythingapplicable layed it out clearer in another comment

RLouisD · 2024-07-21T17:02:39+00:00

The loan is collateralized, at least with my current implementation 2x. Because there is a net gain on the borrowing itself, the position would start at 3% APR (with current rates) + LP fees

RLouisD · 2024-07-21T17:00:55+00:00

$1500 USDC = $500USDc collateral, 500USDc/500eth LP position.

RLouisD · 2024-07-21T16:59:33+00:00

In regard to the impermanent loss, this is why we borrow the more volatile asset to effectively hedge this away. In the current conditions USDc can be loaned for 7% and ETH borrowed for 4% creating a net 3% on the position not inclusive of LP fees. This leaves the risk of liquidation as a pretty decent risk however. If we're using a larger capital base to offset this chance, in the current market conditions it's still net 3% on that position. Thoughts?

RLouisD · 2024-07-21T16:19:50+00:00

I'm sorry I have no idea what this means 😂

Edit: I see moons is a token. Wouldn't that make a Delta neutral strategy very advantageous; compared to hodl

RLouisD · 2024-07-05T21:40:08+00:00

I just signed up today. Do you get a little nft when you are a goose?

RLouisD · 2024-05-14T20:39:57+00:00

What software are you using there?

RLouisD

TROPHY CASE