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RE: HBD Interest Rates Are Now 20% | We're Building a $5M Liquidity Pair for HBD-USDC

in LeoFinance3 years ago

How much of a premium is it right now? Also, where do you buy this? Is it on the internal exchange?

Admittedly, I've never dived deep into the mechanics of the stabilizer. I arbitrage into an HBD position slowly with bots every single day.

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It buys on the internal exchange, but there are many (as in dozens) of arbitrage bots that would make the same trade on other exchanges.

I think the cutoff has been 1.01 but I've considered reducing it. But paying 1% over shouldn't be too bad for the purpose of holding for interest.

Okay as an experiment I changed it to +0.5% for now. I'll see how that works for a while and decide whether or not to make it permanent.