alexander-gr

No secondary market needed: #1, #2, #3, #16, #21, #22

Carry trades

1. Long carry [nosm] borrow floating (Aave), lend fixed (Midnight). Earn spread, bleed on rate spikes.
   • generally considered as super risky

• E.g: borrow 4% on aave (3-6%). Lend for 5% on midnight. Earn 1% diff. In case aave borrow rate spikes, you done.