“From 2018 to 2022, #annualized electricity usage from global crypto-assets grew rapidly, with #estimates of electricity usage doubling to quadrupling.

As a result, #futures contracts in healthy markets should trade at a 5%–10% #annualized premium — a situation known as “contango,” which is not unique to crypto markets.

Under the #strategy, MakerDAO said it expects to deliver a net #annualized yield of 4.6% to 4.5% after custody. Maker’s revenue stream could also be boosted by trading costs, the proposal noted.

In healthy markets, the #annualized three-month futures premium should trade between 5% and 10% to cover #associated costs and risks

As a result, futures #contracts in healthy markets should trade at a 5-to-10% #annualized premium — a situation known as contango, which is not unique to crypto markets.

The #annualized three-month futures #premium should trade between 5% and 10% in healthy markets to cover costs and associated risks.

Meanwhile, #inflation, though still high, is easing. The U.S. consumer price index showed an #annualized advance of 6.5% in January

Meanwhile, #inflation, though still high, is easing. The U.S. consumer price index showed an #annualized advance of 6.5% in January,

Meanwhile, #inflation, though still high, is easing. The U.S. consumer price index showed an #annualized advance of 6.5% in January

Meanwhile, #inflation, though still high, is easing. The U.S. consumer price index showed an #annualized advance of 6.5% in January,

Meanwhile, #inflation, though still high, is easing. The U.S. consumer price index showed an #annualized advance of 6.5% in January,

Meanwhile, #inflation, though still high, is easing. The U.S. consumer price index showed an #annualized advance of 6.5% in January,

An accompanying chart showed the 30-day #annualized standard deviation of #Bitcoin volatility, this now at lows seen only a handful of times in the past five years.