Daily @mirror_protocol APY/APR/Asset report, 2022-10-05
2 shorts ($mFB, $mGOOGL (grandfathered)), 8 long LPs
incept date: 2022-09-30
Invested: 16177.1 $UST
Mirror valuation: 15654.3 $UST
Accumulated yields: 41.93 $MIR
$MIR quote: 6.6 $UST
net APY: 124.87%
net APR: -111.08%
What does this @mirror_protocol report mean?
- APY is holding: good.
- $MIR price is rising: good.
- APR is now negative: bad.
With the rise in price of $LUNC, the $UST-value has fallen? Anyway: it's a bad idea to add any liquidity that you don't want to lose, but yields are good.
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