Jesse Pollak: FX Carry Trade Vaults on Base
Jesse Pollak pushes FX carry trade vaults on Base and Veranta stablecoins, citing 17% annualized NGN funding from 21% OMO bills versus 4% dollars.
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Jesse Pollak called for builders to launch FX carry trade vaults atop local stablecoins on Base and Veranta, spotlighting the naira carry trade where an NGN perp would deliver roughly 17% annualized funding collected by shorts long NGN from the 21% OMO bill yield against 4% dollar rates.
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@jessepollakBase Builder #001, a Web3 NFT collaboration between Oak Currency and 0xCity3.
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