HARMONY: "This is how I Defira"

Um. 

@Defiraverse yields: SEVEN HUNDRED THIRTY-ONE DOLLARS?!?!

Well, okay, then! 

So, first of all: hi, everybody.

Next: people have different strategies, including hedge, and different views on $sFIRA.

That's fine.

But I'm talking my strategy here, which is: lean into what works. It's extremely aggressive, and misses, too, but when it hits...

O
Boy!

So, what is my strategy with @Defiraverse, then?

1. Collect yields,
2. Farm yields in LPs and stakes (split evenly)
3. $sFIRA is more real than $FIRA for a yield-farmer like moiself. Stake 50% infinitely, unseal the other 50%.
4. Measure. Every. Day. (Spreadsheets! YAY!)

Some convert $FIRA to stables as a hedge.

That's fine.

Some view $sFIRA as valueless.

That's fine.

You do what works for you. I'm showing what I do, and what works for me. I did this in @DefiKingdoms and I'm up 1500% there. Still.

But you do you.

Back to it. We've collected the yields. Where to put them? Looking at farming, we see basically two tiers of LP yields:

1. Green: $FIRA & $TRANQ farms above 1000% 
2. Everything else (stables and blue-chips)

I concentrate on tier 1: more bang, and that what the yields are

So, okay, we have the farms where the yields will go. How will they go? My approach:

$TRANQ split three ways evenly on:

• FIRA-TRANQ LP  
• TRANQ-WONE LP (n.b.: we add 96 $ONE / $12 to our invested amount) 
• @tranquil_fi locked $TRANQ fees stake

Let's do that right now.

Why do I do $TRANQ first? Because it settles the $FIRA-balance. With the remainder of the $FIRA, I split it 50 / 50 between staking and the $FIRA - $WONE LP.

So $FIRA: feeding the $FIRA - $WONE LP means we infuse 656 $ONE / $85, which we add to our investment balance.

Okay, we've staked our $FIRA, right? Or: please remember to stake / farm the LPs (let's do that now), and collect the $sFIRA rewards from the (single) $FIRA stake, as well.

We've reinvested our $TRANQ and $FIRA, that leaves us with $sFIRA.

• First, claim the yields. 
• Then, evenly split $sFIRA between unsealing and staking.

This completes our distribution work.

Now let's run our reports! REPORTS! XCĪT!

Admit it: you love my reports. 😎

Asset Allocation for @Defiraverse, 2022-03-09:

• $FIRA stake is slowly coming into its own, like it should 
• $sFIRA stake is beginning to dominate, massively, like it should with this strategy 
• And the LPs provide the gas for this 'feeding frenzy'-fire, like they ought

• note on how I use the term 'feeding frenzy.' 

"Wen @Defiraverse self-funded, ser?"-experiment

Day 12

adjustment investment: $2,308.03

today's yields: $747.20

total yield: $1,604.58

Amount remaining to self-fund: $703.45

We've now fallen to ~$700 remaining of the (adjusted) $2300 investment.