SBF@SBF_FTX·Sep 2, 2020One of the weirdest tricks DeFi has polled is convincing the world that maker rebates are revenue108153
Hasu@hasufl·Sep 2, 2020Replying to @SBF_FTX and @SBF_Alamedaaren't maker rebates in DeFi paid for by revenue? (e.g. gov tokens valued at future cashflows)28
SBF@SBF_FTXReplying to @hasuflFor most protocols right now: a) they charge +X taker fee b) they pay X maker rebate a/b cancel out and are just shifting the price. Then they sell their tokens, which is not related to the above.12:53 PM · Sep 2, 2020·Twitter Web App1 Retweet17 Likes
