I can think of a few merits for minting dTSLA 1)

Question

I can think of a few merits for minting dTSLA 1)

if TSLA appreciates on Nasdaq, dTSLA will presumably increase by almost the same amount. ( However this is the same as purchasing through a normal brokerage and not a real advantage)
2) dTSLA / DUSD pair is earning 97% now (paid in DFI), this is higher than the dividend you would get on a real TSLA stock and hence is a real advantage.
In a nutshell, dTSLA enables you to gain exposure on TSLA stock and have a yield of 97% at the same time.

but who is paying for this 97% ? What are the factors that will reduce this APR rate?
Am I missing any points? thanks.

#blockchain #cryptocurrency #defichain #english

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31.01.2022

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Abuna Semai · Accepted Answer

As I understood until now, but please correct or add if wrong: Block rewards are paying for these Apr. And some shared exchange fees. Reduction A: 1.658% reduction on the block rewards about all 11 days. Reduction/Increase B: The more assets enter the pool, because more people invest, the rewards are divided into more shares. And vice versa. Reduction/Increase C: Since the Apr is compared to the value of the assets in US$, if these assets change their value, the Apr changes accordingly.

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I can think of a few merits for minting dTSLA 1)

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