Alp Ergin
@alpergintr
app.brix.moneyBrix App | Trade, Stake, and Manage wiTRY
Kaan@kaanuzdogan · Jul 1How to do TRY carry trade over DeFi if you have crypto assets:
1. Supply ETH or other assets (+1-2% yield)
2. Borrow stables (2-4% interest)
3. Sell stables to TRY
4. Deposit into bank for ~40% interest, or money market funds ~45% (TRY denominated)
Assumption is the TRY
Open quoted post →1. Supply ETH or other assets (+1-2% yield)
2. Borrow stables (2-4% interest)
3. Sell stables to TRY
4. Deposit into bank for ~40% interest, or money market funds ~45% (TRY denominated)
Assumption is the TRY
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