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Donny-

Just out of curiosity, why is it when bitcoin dumps

USDC borrowing APY goes up? I can understand that people want to convert their coins into USDC when bitcoin dumps but I don’t understand why people would want to borrow USDC in a dump so the APY would go up. anybody know why?

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Devita 🇮🇩-

to buy the dip

0
6 месяцев назад
x-x

assuming lower price in a volatile coin turns to more demand for usdc, meaning higher interest rates

0
6 месяцев назад

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