Monday, October 31, 2022

2022-10-31 Aave AVAX loop APR report

Let's do the @AaveAave $AVAX loop yield-farming.

First I collect the yields.



Then I swap them to $sAVAX on @KyberNetwork 


... then I get a shocker: @AaveAave doesn't allow me to deposite $sAVAX as supply any more.

Wut.

I deposit the $sAVAX onto @BenqiFinance marketplace.


2022-10-31 @AaveAave $AVAX loop APR report





APY 16.46%
APR 19.13%

yields collected: 0.56 $WAVAX on 2022-10-31
last time yields collected: 2022-10-30
yield collection cycle: 1 day
With $AVAX at $19.15 that is $10.66 collected per day (avg)

Going forward what I'll do is pay-down the $AVAX loan with the yields and see how that plays out.

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