Conversation
1) #COMP farming continues with the highest interest torch passing to #BAT. #USDT was earning at more than 10% APY but now back to 8.5% when supplying. #BAT is now up from 0.06% to 23% APY.There are a few interesting observations 2) The interest rate model for #USDT is flatter than #BAT for < 90% UR and got a kink for anything > 90% on . Someone found out that why not supplying/borrowing via #BAT rather than #USDT to get higher interest rate under the same UR to farm #COMP? 3) It is possible someone used the same strategy to pump #ZRX UR as well, next up where are #REP whales doing now? Since smaller cap means easier to get a hold of sufficient supply. 4) Some yield farmers might be switching from #USDT to #BAT now, considering sufficient interest rate differences between #USDT and #BAT. One of many possible not so much conventional strategies are swapping #cUSDT to #cBAT via liquidity aggregator such as 5) Earning 24% instead of 8.5%, however, this opens the door to price risk which in theory you can hedge it by opening an equivalent short position on #BAT, risk management is the key for this to work. 6) has recently launched cUSDT spot, futures and leveraged token trading pairs, although the liquidity is very limited, it is a significant step towards integrating #DeFi with #CeFi. 7) Before the listing of #cToken, If I sold any of my positions to USDT, the money is just sitting there doing nothing. now provides a way for traders to earn interest while sitting on #USDT via cUSDT . Would be good to see direct conversion though 1 click. 8) It also opens the door to short cUSDT if the interest goes to negative or the collapses. Can we see other cTokens to be listed? Possible, provided that sees the value behind the project and believe the governance or the money legos will collapse. 9) The #cToken futures also facilitate interest rate discovery, although the liquidity is limited, but it helps the market to distribute information in a more efficient manner. trade the calendar spread? Lol 10) Where is my #defi interest rate swap? But in the meantime can create DeFi yield farming set so I can easily manage my yield farm better? Currently, there are also many possibilities to optimise the yield farm manually as well. 
