a terraswap price and a oracle price - im guessing the premium is the difference between them
as an example right now I am able to borrow mARKK for oracle price 99.1 ust but the terraswap price is showing as 104.68 ust
does this mean I could borrow it for 99.1 ust and then sell it immediately for the higher price on terra swap at 104.68 ust?
Yes, oracle price is for borrowing or shorting mAssets and TerraSwap price is for trading.
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