Wow, nice feature on @jumperapp
I was browsing the app, checking my leaderboard stats, missions etc and saw i had these rewards to claim.
It ain't much but i can afford some spicy Indian food tonight 😁 https://t.co/HVGcYQ2DuK

Wow, nice feature on @jumperapp
I was browsing the app, checking my leaderboard stats, missions etc and saw i had these rewards to claim.
It ain't much but i can afford some spicy Indian food tonight 😁 https://t.co/HVGcYQ2DuK
@jumperapp P.S ~ the surprising part is, i never deposited into Katana via Jumper but it still tracks my rewards?
Good game.
Okay after some help from @0xfarmed, the reason why borrow rate on @MorphoLabs is so high now (15% native) is the the liquidity supply went from $2M to $600,000 in like 3 days
By removing the supply you artificially create higher borrow demand which increases the borrow rate quickly
One thing unclear to me is why. Is this normal? This puts a lot of us in @katana in a dilemma when it comes to unwinding our vault positions since the 40% APR is time weighted
Would love some clarity around the morpho team why this occurs