Off to bed shortly - is there a two-minute primer

Question

Off to bed shortly - is there a two-minute primer

somewhere to how to "lend to shorts at 2600%" for a tired old fool like me so I can squeeze a bit more whilst I sleep (keep your mind out of the gutter, please)?

0

21.06.2022

20 ответов

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Rob R Автор вопроса

Will
on FTX, press Lend and set the rate. Set hourly r...

I said two-minute. Too short 🙂 Thanks.

0

21.06.2022

Will

Rob R
I said two-minute. Too short 🙂 Thanks.

2 minutes too long :) just make sure you have CEL in your wallet balance. Then press Lend button, change the hourly minimum rate to 0.29

0

21.06.2022

Paul C

Will
2 minutes too long :) just make sure you have CEL ...

Shouldn’t we not be lending at all? Starving the shorts

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21.06.2022

Will

Paul C
Shouldn’t we not be lending at all? Starving the s...

When shorts borrow spot, their interest is in spot. If their position is growing by 2600% APR every hour, they are in deep trouble, no need to starve them at those rates.

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21.06.2022

Paul C

@OFF_Synthesis is this correct?

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21.06.2022

Filippo

Will
When shorts borrow spot, their interest is in spot...

APR is for Year not for hours

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21.06.2022

-_Synthesis_-

Paul C
@OFF_Synthesis is this correct?

When shorts borrow at spot they are actually drained by that rate

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21.06.2022

Will

Filippo
APR is for Year not for hours

APR = Annual Percentage Return, it's already in the name. But it compounds hourly on FTX

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21.06.2022

Danny

-_Synthesis_-
When shorts borrow at spot they are actually drain...

Stop telling people to buy cell token you are not a financial adviser

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21.06.2022

Filippo

Will
APR = Annual Percentage Return, it's already in th...

Is not compund ....

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21.06.2022

Will

Filippo
Is not compund ....

interest is paid every hour on FTX. Meaning for shorts, their position grows every hour. Meaning it is compounding

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21.06.2022

Filippo

Will
interest is paid every hour on FTX. Meaning for s...

Meaning you don't know what you talking about ... The shorter just lose the money not reinvest the losing position

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21.06.2022

Paul C

Danny
Stop telling people to buy cell token you are not ...

First of all he hasn’t been telling people to buy CEL. Second, we know he’s not a financial advisor. Third, lots of people are suggesting to buy CEL to promote a short squeeze. What’s your concern? Are you short CEL?

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21.06.2022

RAC

Will
interest is paid every hour on FTX. Meaning for s...

Educate yourself bro. It's not how it works

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21.06.2022

Filippo

RAC
Educate yourself bro. It's not how it works

Thank you ....

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21.06.2022

Chef 🐳 Rico 🐳

Paul C
First of all he hasn’t been telling people to buy ...

To add my 2c… “nothing in this telegram chat is being prompted to or as financial advice” DYOR

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21.06.2022

Chef 🐳 Rico 🐳

Filippo
Is not compund ....

This is actually correct.. flat rate of 2600 translates into 7.2% per day… not compounding

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21.06.2022

Will

Filippo
Meaning you don't know what you talking about ... ...

People who short spot pay interest every hour. Their interest = same asset they borrowed. Now they are borrowing even more, because they owe the principal plus interest.

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21.06.2022

Will

RAC
Educate yourself bro. It's not how it works

Bro I do delta neutral arbitrage on ftx, spot borrows compound every hour.

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21.06.2022

Will · Accepted Answer

Will

on FTX, press Lend and set the rate. Set hourly rate to 0.29.

0

21.06.2022

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Off to bed shortly - is there a two-minute primer

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