昨晚夜盘挺炸裂。朋友在 xUSD 事故里被穿仓,给我发了一句“亏麻了”。 我当场把杠杆全翻了一遍,顺手看了 @Theo_Network 最新进展:thBILL 刚在 @MorphoLabs 的以太坊主网上线,可以直接拿这只美债基金做抵押,借 USDT/USDC——稳的一笔。 更妙的是,PT‑thBILL(来自 Pendle 的 Principal Token)也能在 Morpho/Euler 用来借,循环策略的齿轮卡上了;我测了下,点差合理就有机会吃到“国债收益+资金效率”的组合。 近期市场被 Stream/xUSD 事件吓到,风险偏好骤降,这种高质量抵押品的价值就凸显出来。 思远认为,Theo 走的是“用途驱动的 RWA”:把 thBILL 做成通用抵押与结算底座,围绕 Morpho/Euler/Pendle 打通流动性与风控。短期关注: ① 主网 Morpho 的借款成本与利用率; ② 11/27 到期的 PT‑thBILL 如何滚动; ③ DRiP 激励近几天对部分 Morpho 资金库有调整,别盲冲,先看官方面板/公告。 昨晚那通“亏麻了”的电话把我也吓清醒了——该贪的时候贪,该稳的时候就用能对得上账的“现金腿”。 思远去继续核对各家利差。
@Theo_Network @MorphoLabs 国债收益加持太香了
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