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You can open a short position on e.g. Kraken, for as long as you can keep paying the yield to the stakers.
by superzamp 4y ago
You can open a short position on e.g. Kraken, for as long as you can keep paying the yield to the stakers.
- graeme 4y agoProblem is if you win the bet you can also expect the exchange to go bust. They’re all part of the Tether system The lack of a good way to short Tether with a reliable counterparty is a major reason why Tether has lasted as long as it has
- alasdair_ 4y agoOf course, if Tether collapses, there is the sizable risk that so will most of the exchanges. Counterparty risk is a big deal.
- iamsanteri 4y agoSo we can expect that soon, if people are smart, a nice and stable unloading of this ”asset” will start.