3 ms·
> Traders are taking advantage of this arbitrage mismatch, buying up DEI coins and exchanging them for $1 worth of collateral, making matters worse Really? Is
by kristjansson 4y ago
> Traders are taking advantage of this arbitrage mismatch, buying up DEI coins and exchanging them for $1 worth of collateral, making matters worse
Really? Isn't that the mechanism as intended? Why is anyone still selling to them at .64 if there's really an arb?
- cycrutchfield 4y agoWho wants to play musical chairs and be left standing when the music stops?
- kristjansson 4y agoNo one, but the question is why a ton of arb _buyers_ were pushing the price _down_.