
Samuel McCulloch | USD.AI
11.8K posts

Samuel McCulloch | USD.AI
@ssmccul
Growth @usdai_official Unqualified host @leviathan_news





St Andrews may be the most American university in the U.K. “You think you’re coming to get this Scottish or international experience, and there’s just so many Americans.” on.wsj.com/3NF9CSE










$sUSDai is once again trading @ 40-50bps discount with 13 days until redemptions this is primarily due to people on fluid unwinding susdai loops (resolv exploit caused borrow rates to spike as lenders withdrew positions) however, borrow rates for USDT on fluid arb have not significantly spiked due to the VERY low amount of USDT lent to USR on fluid arb (< $250k) this means you can: - buy $sUSDai @ 40-50 bps discount - loop 8.33x on fluid arb - exit @ peg in 13 days net: ~ 3-4% ROI / ~ 80-110% APY this doesnt take into account execution costs/slippage, or potential rate spikes despite bad debt accrual across fluid, borrowing in susdai/usdt market isnt affected



bought all the $sUSDai i could after the 19th feb pendle maturity 40-50bps discount (leveraged it 8x) and i have been able to unload all i wanted and more tonight at its fair price. did keep half of it as i want to keep a bag for longer term (apr is v good and gpu loans won't start in a while so for now is as safe as it can be). been a while since i made a nice home run. only little dot is i farmed supernova for 4 days right after susdai depeg cause they both happened the same day at exactly the same time, and farmed supernova hard (made a decent bit there as well), so couldn't buy as much susdai as i would've wanted. big funds like hyperithm and others bought a ton of depegged susdai as well. they prevented me from buying even cheaper susdai, and made my borrow rates more expensive for these last 2.5 weeks. they cost a lot of money to the average farmer, but free markets are free markets, and we're not communists, so i guess we gotta embrace those fucks. either, fuck them! small funds like rami poker capital will resist the evil corporations 🫡 anyway, a W is a W!

Day in the life of a mid 30s guy in the suburbs (Saturday edition/no kids): 7:30am — wakes up before his alarm anyway 8:00 — walks the golden retriever 8:30 — chug a black coffee 9:30 — Costco run that somehow turns into $347 12:30 — eats samples like it’s lunch 2:00 — “quick” nap that ruins the rest of the day 4:30 — stands in the backyard staring at nothing 6:00 — gets yelled at by his wife for something he definitely did wrong 7:30 — 1.5 beers = exhausted 9:15 — falls asleep mid-movie he picked 2:30am — wide awake for no reason, contemplating everything Same script every weekend







