Wednesday, August 31, 2022

Leveraging pop-quiz 2

Leveraging pop-quiz 2:

You have 10 $AVAX. 
You want to KEEP 10 $AVAX.
You want to GROW THE VALUE of that 10 $AVAX.

1. Where is the best place to SUPPLY the $AVAX on @BenqiFinance: as $AVAX or $sAVAX?

With the above supply:

2. What is the best token to borrow, distribution-wise?
3. δneutral that token (that is: put all you borrow into supply). You now can borrow more. Do that. What is the point when borrow-supply diminishes?
4. You have a net APY of what? What is the REAL APY?
5. The more you borrow, then supply back, then borrow, etc. ... does the real APY go up? or go down?
6. Chart real APY at each borrow-supply step.

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