Here's a ๐งต to learn how to best use your $ARB! ๐ (1/10)
2/ For background, $ARB launched on March 23 and we saw:
- Intense volatility
- Massive trading volume
- Wild funding rates
But, things have now calmed down as the price has stabilised. ๐๏ธ
This funding rate graph shows the gradual decline in the $ARB speculation frenzy.
3/ With massive inflows of $ARB into our lending pools, borrowing costs has gone way down. ๐
Currently, a mere ~3.46% APR! ๐ฒ
Plus, non-liquidatable loans mean you don't have to worry about pre-maturity price movements! โ๏ธ
A very fair offer for borrowers, what do you say?
4/ So why would you borrow $ARB in the first place?
Here are some simple strats for you to utilise your $ARB positions:
1) Shorting or hedging 2) Arb (no pun intended) b/w Timeswap and @SiloFinance 3) LPing on a DEX 4) @Buffer_Finance's aBLP pool 5) @muxprotocol's $MUXLP pools
5/ 1) Shorting or hedging
Borrow $ARB and sell it.
Take the cash and use it to open a long/short to hedge/double down on your position.
If it works out, you have made a tidy little profit with no risk of liquidation!
6/ 2) Arb (no pun intended) b/w Timeswap and @SiloFinance
1. Borrow $ARB from @SiloFinance at 1.4% APR 2. Lend $ARB into our pools at 3.46% APR 3. Interest rate arbitrage profit -> (3.46 - 1.4)% = 2.06%
Simple and reliable! ๐
7/ 3) Providing liquidity on a DEX.
Because of the volatility and trading volume, being an LP is highly profitable.
Timeswap will be launching on @arbitrum this Thursday (March 23; Airdrop day), bringing the first ever lending/borrowing market for the $ARB token! (๐,๐งก)
Are you ready to earn yield/ lever up your $ARB exposure? ๐โณ
How is Timeswap the only DeFi protocol to have an $ARB marketโ
The Timeswap AMM allows pools to have its own rate discovery model for any token without the need for Oracles. โ๐ฎ
This allows our pools to stay independent of any short-term $ARB price manipulations(very likely).
What do users getโ๐ค
Get access to leverage your $ARB without worrying about liquidations. ๐
or
Take the other side of the trade and earn yield whilst betting against $ARB ๐