Daily Mirror Protocol APY/APR/Asset report, 2022-10-04

Daily @mirror_protocol APY/APR/Asset report, 2022-10-04

2 shorts ($mFB, $mGOOGL (grandfathered)), 7 long LPs

incept date: 2022-09-30
Invested: 9802.1 $UST
Mirror valuation: 9748.7 $UST
Accumulated yields: 22.78 $MIR

$MIR quote: 6.39 $UST

net APY: 135.51%
net APR: 85.82%

Analysis

What does this report mean?

APY and APR are still positive and still better than what most of the rest of the markets can offer.

These are real, calculated, back-tested values. 

AND MORE farms are 300%+ APY:

I continue to move liquidity from HODL'n $LUNC to @mirror_protocol LPs.

HOWTO

Following the procedure outlined in http://logicalgraphs.blogspot.com/2022/10/mirror-lockd-farms.html to farm lock'd @mirror_protocol LPs:

• I SWAP $LUNC for $USTC on @astroport_fi

• I ENTER a Mirror LP vault on @SpecProtocol using $USTC

• I WITHDRAW the Mirror LP from @SpecProtocol

• I STAKE the LP on @mirror_protocol