Oh cmon, it seems like BFX is really in no hurry to change anything about the fuckin FRR

we're sitting at nearly 25 m in open swaps, the great wall of low interest was sieged multiple times, almost a million taken off in the last 24 hours and now we are going back down again. It's a joke. There is no reason why this wall of doom has to sit where it's sitting now I hope some people can get that into their brain as fast as possible. The depth of the book is pathetic after the wall. Not even 100k from 0.0709 to 0.121 because nobody in their right mind puts offers above a 2,5 m offer wall.

We've climbed from 23 to 25 m in the last 5 days and the rate went from 0.0715 to 0.0709. It just deoesn't care.
BFX, fix your shit, it's getting stupid. Lots of volatility, lots volume and swap demand and the swap "price" is inelastic as fuck....