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a person fantastic illustration of how you could possibly use this DN site is to create a play around shorting a stablecoin that is definitely above peg. One this sort of stablecoin is LUSD: in the event you aren’t acquainted, LUSD is surely an overcollateralized stablecoin backed by ETH on the Liquity platform (go through our breakdown in this a

We drew a yellow trendline to point out which the TVL more info has fallen down below its “extensive-phrase” signify, hence TVL might be thought of minimal. definitely, This may go reduced but at this time, the prolonged-expression upside possible outweighs the draw back challenges. On single blockchains, we see an analogous photograph with le