Wednesday, August 17, 2022

Answer to AVAX-borrow pop-quiz

One-half of the solution to the which token to borrow pop-quiz:

The $AVAX borrow.

But why borrow $AVAX? What do I use it for?

I see 3 obvious use-cases:
  1. SUPPLY $AVAX (pure δneutral)
  2. SWAP to $sAVAX then SUPPLY (...m'kay?)
  3. SWAP 50% to QI, then provide liquidity and stake QI-AVAX LP on @BenqiFinance 
Each of these approaches can be forward-tested. My solution is approach 3 where I make a net $211.33 on a 16.9 $AVAX borrow from a 67.8 $sAVAX supply.



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