After thinking over a convo with @ScammoonR, I'm shifting liquidity from QI-AVAX LP, staked on @BenqiFinance,
to AVAX-sAVAX LP, staked on @traderjoe_xyz.
I'm losing too much $AVAX as $QI continues to deflate in price.
A benefit of the AVAX-sAVAX LP, besides controlled IL on the sAVAX price-rise (I don't lose anything, ... I think), is that it issues BOTH $QI, that SUPPLied on @BenqiFinance earns 10% AND $JOE, that earns 6% IN $USDC!!! when staked on @traderjoe_xyz
Now, there is also the $veJOE token that boosts SOME LP farms, and up to ~1.5% boost only,
... but the AVAX-sAVAX LP farm is not one of the farms that can be boosted. Is there a particular farm on @traderjoe_xyz that can be boosted that you love? If so, why?
Okay! So! Now!
I exit my QI-AVAX LP farm.
How do I do that?
- I WITHDRAW my stake from @BenqiFinance
- On @pangolindex I remove the QI-AVAX liquidity.
EASY-PEASIES!
So, I use the PSSCBW to tell me how much to prefund the stables.
As you see, I've included te $QI, which I will supply, as well as the $AVAX, which I'll swap to $sAVAX then supply.
So, I swapped some of both to $USDC.e.
I swap the $USDC.e to $DAI.e on @CurveFinance, then supply the $DAI.e to @BenqiFinance
asdf
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