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Can someone answer the following: Isnt it better to pay

a price premium when shorting an asset since you get the asset for a higher price. For instance mABNB has a price premium of ~1% which is good when you want to short it. Right?

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When you short mAsset, you are Minting mAsset at oracle price and it will be sold automatically which is at Terraswap price. But to close your position, you have to buyback that mAsset at Terraswap price and close your position.

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