Summary
TLDR: The stablecoin is earning yield by shorting ether futures and taking advantage of increased funding rates in the past two weeks.
Key Points
1. The stablecoin earns yield by shorting ether futures.
2. The stablecoin earns yield by capturing funding rates, which have surged in the past two weeks.
3. The stablecoin utilizes a unique strategy to generate returns for its holders.