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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