Following recent events(Tornado Cash, USDC), I have allocated my liquid capital into the only two stablecoins(RAI, lUSD) that I consider resilient.
I have created a Uniswap pool at 0.01% fees to encourage others to do the same.
Have a nice day.
Following recent events(Tornado Cash, USDC), I have allocated my liquid capital into the only two stablecoins(RAI, lUSD) that I consider resilient.
I have created a Uniswap pool at 0.01% fees to encourage others to do the same.
Have a nice day.
The pool has just passed the million dollar volume and is still perfectly balanced. ![]()
Most of the volume is simply arbitrage from the MEV bots, but thanks to the efficiency they have achieved, it makes the pool quite interesting.
It’s a bit like a proxy to make a short gamma, long theta on RAI/LUSD… (short straddle)