Their synthetic dollar,tt0xkaren.tiptag (63)in TipTag • 6 months ago Their synthetic dollar, deUSD, is minted from stETH and sDAI collateral, which is used to short ETH in a delta-neutral position. This funding rate basis trade captures yield when funding rates are positive. #SheDao #Tiptag #shsdao #mmm #shedao #tiptag
