Daily @mirror_protocol report, 2022-10-13
incept date: 2022-09-30
Invested: 22327.13 $UST
Mirror valuation: 21531.50 $UST (1,081.27)
Accumulated yields: 178.49 $MIR
yield/day (avg): 13.73 $MIR (2.83)
$MIR quote: 4.11 $UST
$UST quote: 0.05 $USDC
net APY: 92.25%
net APR: -7.80%
Analysis
What does this report mean?
At its surface, @mirror_protocol is doing a bit better today, however, things aren't looking good on the horizon.
LP farms that were upwards of 400% and 600%, even, are now beat down to 150% max. These are meh-numbers for a high-risk investment.
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