DUNE & Dashboard
Last updated
Last updated
Borrow wBTC with DAI as collateral (Long DAI & Short BTC)
Notional pays you more than 4.5% to short BTC
If you borrow $1000 worth of BTC by keeping $2000 worth of DAI (200% CR), you would earn 4.88% on your overall position and can also use $1000 worth of BTC to invest somewhere else.
Moreover, if the price of BTC drops you earn more.
proof that nETH is in demand