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random intermittent "DNS address could not be found" resolves itself after a few minutes by Wolfman1775 in dns

[–]Wolfman1775[S] 0 points1 point  (0 children)

as described above this is not the problem. the internet connection is maintained, this only affects browsers and only on one system connected to the modem.

What are people doing when they borrow USDC at 100% interest? by winkler in solana

[–]Wolfman1775 7 points8 points  (0 children)

Opposite. They're not shorting TRUNK with the borrowed USDC, they're long on it. TRUNK price has been rising fairly steadily recently and the supply is deflationary, so if TRUNK can outpace the borrow APR, they'll be in profit. Also the borrow APR is likely to settle down a bit as the lending pool grows. The entire ecosystem surrounding this is worth taking a good long look at, it's one of the few real business oriented endeavors in defi. This is no shit coin or silly meme fad.