
<p>You can easily earn 10%-20% on your stablecoins, and meaningful yields on Bitcoin, Ethereum, Solana, Gold and more. We explore Kujira’s Ghost and answer the question: Where do the yields come from?</p>



<p>In this video we cover:</p>



<ul>
<li>High level overview of the Ghost Money Market</li>



<li>Relationship between lending and borrowing yields</li>



<li>Utilization curve</li>



<li>Where Ghost yield comes from</li>



<li>Liquidations</li>



<li>Reasons people choose to borrow for high APRs</li>



<li>Risks in borrowing on Ghost</li>



<li>Risks in lending on Ghost</li>
</ul>



<p></p>



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Where do the GHOST yields come from on Kujira

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