So if your intent was to hold ctez short term to f... @QuipTalk

Asked 1058 days ago
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So if your intent was to hold ctez short term to farm, wouldnt there be situations where it could be better to mint even if the drift were higher than staking APR?

asked 1058 days ago

1 Answers

Yes, there are situations where it could be better to mint ctez even if the drift is higher than the staking APR. For example, if you want to join a farm for a short period of time, minting might be a better option, particularly if you have a large amount of ctez. This is because the high drift raises the target price and, if there is enough liquidity, you can swap your entire amount of ctez without worrying about getting liquidated. Additionally, minting ctez might be beneficial if you want to take advantage of a short-term price increase in the market, as you can quickly mint and sell the ctez for a profit. However, it is important to note that minting ctez is not without risks. If the market price drops and you are unable to sell your ctez quickly, you may end up with a loss. Therefore, it is important to weigh the pros and cons of minting ctez before making a decision.
answered 1058 days ago
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Technically yes, like if you wanted a specific amount of ctez to just join a farm for short term and then get out, minting might be good especially if you had a big amount, the thing is that if there was enough liquidity you could swap your whole amount of xtz without worrying about getting liquidated cause the high drift raises the target.
answered 1058 days ago

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