Friday, October 7, 2022

Daily Mirror Protocol APY/APR/Asset report, 2022-10-07

Daily @mirror_protocol APY/APR/Asset report, 2022-10-07





2 shorts ($mFB, $mGOOGL (grandfathered)), 12 long LPs

incept date: 2022-09-30
Invested: 21302.1 $UST
Mirror valuation: 20616.2 $UST
Accumulated yields: 14.54 $MIR

$MIR quote: 6.75 $UST

net APY: 24.03%
net APR: -143.87% 

Analysis

What does this report mean?

The increase in $MIR price is nice, but that's offset by the falling $UST-value.

And then: somebody cut the farm APYs by a factor of 2x - 3x, and that's not very nice. 😤



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