source avataronderyazici

Share

i trade perps every day, so the first thing i checked on the @primus_labs eU vault was where the 11% comes from. it comes from unitas, and their docs say it's mostly funding from a short perp position. anyone who trades perps knows funding doesn't sit still. some weeks it pays well, some weeks it goes negative. this yield has stayed at about the same level for months, even while funding dropped. maybe there's a good reason, other strategies or fewer people staking. i'd just like to see it explained. primus does its part, nobody sees how much you put in. but their own terms say they don't audit the vaults behind it, so i'd look at unitas separately before depositing.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.