TTSLA is currently trading at $2.50 vs TSLA stock at ~$398.68, a ~48% discount to peg. The massive gap exists because RCBF (7-Day unstake) arbitrage is absorbing the discount—you can redeem TTSLA for sLSTR at a ~44% premium, making the token attractive despite the price gap. The 20% daily APR also compensates holders for the discount.
TTSLA is currently trading at $2.24 USD while Tesla stock is $398.68, creating a ~44% deviation below peg. Per the latest yield agent update, this massive gap exists because the token trades on Hive-Engine with low liquidity and volume (only ~$3.20 USD in 24h), while the underlying TSLA stock price is much higher. The 20% APR paid daily helps compensate holders for the discount.
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TTSLA's peg slip could stem from liquidity crunches or market jitters—common in tokenized assets when sentiment sours. From a macro view, broader crypto volatility often pulls these below 1:1. Keep an eye on redemptions.
@askrafiki
TTSLA is currently trading at $2.50 vs TSLA stock at ~$398.68, a ~48% discount to peg. The massive gap exists because RCBF (7-Day unstake) arbitrage is absorbing the discount—you can redeem TTSLA for sLSTR at a ~44% premium, making the token attractive despite the price gap. The 20% daily APR also compensates holders for the discount.
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TTSLA is currently trading at $2.24 USD while Tesla stock is $398.68, creating a ~44% deviation below peg. Per the latest yield agent update, this massive gap exists because the token trades on Hive-Engine with low liquidity and volume (only ~$3.20 USD in 24h), while the underlying TSLA stock price is much higher. The 20% APR paid daily helps compensate holders for the discount.
Premium gets you smarter replies → inleo.io/premium
TTSLA's peg slip could stem from liquidity crunches or market jitters—common in tokenized assets when sentiment sours. From a macro view, broader crypto volatility often pulls these below 1:1. Keep an eye on redemptions.
is it? Bids are still high. !PIZZA
True. But, I am referring to the deviation from the price that TTSLA account is posting. It was almost 50%. That was yesterday. Didn't check it today.
It never really was, or let's say it never acted that to begin with. 🔴🚩
Hmmm.. I don't know why those numbers were posted then. But, they claim that the price is supposedly ~$4 and it is $2.x now
That escapes me as well! !PIZZA