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Ill go to my bank, get a $1m USD loan

at 1%, put 1 million UST into earn, pay 3% nexusmutual insurance, and have riskfree $150k/year of profit? what am i missing

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Perfect~!!

probably the ability to obtain a loan for $1M 😂 i know that's my problem

well to be totally insured it will cost you more like 9%

Manuel- Автор вопроса
Kenny Reid
well to be totally insured it will cost you more l...

UST depeg and smart contract hack is like 5% insurance, 1% loan is possible in Europe, leaves you with 10%++ apy, infinite money glitch irl?

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