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Why are the premiums so high right now..anything being done

to reduce them?

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Premiums are high because of the high buying pressure on mAssets

NRK-Kanara Автор вопроса

Shorting can be done to reduce the premiums. Also there's a proposal going on to to reduce collateral ratio, it may reduce premiums.

Mayank Grover (Will never DM first or ask for funds)
Shorting can be done to reduce the premiums. Also ...

Well that is a problem. I have shorted mGOOGL. The real price of the Asset is falling in the market but it is not falling in the pool. The thing is that you open a short position, the real price falls and you still lose money when closing because pool prices are not following real prices

Oracle price don't fall with shorting because selling of the shorted mAsset is done at pool price which leads to reduction in pool price

Mayank Grover (Will never DM first or ask for funds)
Oracle price don't fall with shorting because sell...

I understand that. But honestly mirror protocol is not mirroring any asset in a reasonable way...

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