you also have to fork everything and set up the infrastructure at first, then you have maintenance costs like oracles
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Hello all,
Some updates:
1.) The BUSD conversion is completed. It took longer than expected due to daily conversion limit on and withdrawal limit on Binance.
In total, 179,343.976 USDT conversion fee was collected.
https://twitter.com/AlpacaFinance/status/1763361910630863274
2.) The proposal for a new product is almost ready to share - thank you for your patience
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Thank you for providing the overview!
Can you explain why you have not included the fees generated by the Single Asset Staking products such as eETH in the overview? I imagine the 2.3m position in eETH generates significantly more fees than the 790k (principal + borrowed) from the example.
Assuming that the yield on single asset staking is similar to that of the other pools, the yearly fees could reach over 300k!
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Hello everyone. I have just posted the new product proposal here: [For Discussion] New Product Proposal
Thank you for your patience, and we look forward to our community feedback.
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I see there are some alpacas burnt using BUSD fees. How can I track how much BUSD are left to be used in burn?
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