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