Every time the market heats up, funding rates skyrocket.
Instead of paying those fees, long the volatility on @boros_fi
You are not betting on price, you are betting on how much degens will pay to believe in it.
Your YU position becomes a self funding hedge that pays out exactly when your long perps get expensive.
Credit to PendleIntern for the graphic
twitter.com/DeFi_Blub/status/2...

Wasteful
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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