Monday, August 22, 2022

Leverage APY pop-quiz

Leverage APY pop-quiz.

Let's say you have a position on @BenqiFinance pictured


($17,206.37 SUPPY, $9,742.39 BORROW, NET APY 1.81%)

1. How much have you invested?
2. How much is leveraged?

The NET APY is on the LEVERAGE, so, 

3. define REAL APY, then 
4. determine REAL APY

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