Logical Graphs LLC: Where to invest?

Okay!

I have liquidity accumulated from the last few days, because where to invest?

I am now not starved for choice. Let's review some by blockchain:

Avalanche

First up: home base, or Good Ol' Avalanche.

I see two investment opportunities for me here.

@GMX_IO $GMX at 10%ish that also creates an amp-token for my $GLP investment.

@traderjoe_xyz sAVAX-AVAX LP, yielding $QI at 6% and $JOE at 0%ish percent.

Kujira

Next @TeamKujira blockchain.

@BlackWhaleDeFi is a validator and active trader on the Kujira order books.

I don't understand investing into their ... 'LPs'? as Kujira doesn't like LPs, but investing $KUJI to their validator gets you 50% of their trade profits, which is cool! 😎

Tron

Next, Tron.

So, @defi_sunio. What to say?

You lock $SUN

You VOTE on LPs you like

Because why? Because USDT-USDD LPs can make up to 50-60% with stable coin yields.

With a guaranteed 1-1 SWAP to other stables (c.f.: PSM 'Peg Stability Module')

Wow.

Solana

Next, leveraged LPs and lending on Solana, specifically @Francium_Defi.

Those of you familiar with @mars_protocol on ol' Terra, – and, WHEN ARE YOU GOING LIVE, HUH??? – will be familiar with this protocol.

I have concerns, however: the no-IL LP stSOL-SOL yields nearly nothing.

So: does that mean I build a position in the @Francium_Defi money marketplace?

Do I go for super-high yielders $ZBC and $RAY?

$ZBC has a page on @coinbase, of all places,

... but is it another $QI deflationary-only token?

With $ZBC $0.01 price (sh-tcoin red flag) and price-chart characteristic, it certainly looks like another $FUZZ or $QI. I don't have time to manage sh-tcoins. I need to invest in tokens that yield well and retain their value over time.

Cardano/Milkomeda

Next, Cardano-...ish? 'Milkomeda' an L2-chain associated with Cardano and other L1-chains.

There's @RavcubeFinance, that is, they admit, below peg,

but they have a burning partner, Trust, to help with that,

but ... I have questions.

There are problems for me. @RavcubeFinance is a tombstone protocol, and, historical, with the pegged asset still in play, it's very hard to return to above peg when the token's value falls below peg. So: are they doing a good job returning to peg?

I can afford to wait and see.

The second problem is this:

The tombstone LPs are managed by @OccamFi.

Do you see their farms? 5k% APY for a stable pool?

Hm.

Digging deeper I see this: yields unlock at $250M TVL.

Do you know when that will be? Me, neither. And when that happens, the markets will be FLOODED!

Which means what for $RAV / $RSHARE? I don't know, but I don't like the association with a protocol that locks away their token for ... forever? and then flooding the market at a 5k% clip with this locked token.

These are two serious issues. I'm fine sitting this one out.

Okay, that summarizes the options, I think. Did I miss any bangers you're invested in and love?

The Plan

So, what's the plan, then?

Well, the closer to home, the better. Why?

I know nothing of Tron blockchain, so murky waters there. I guess it's time for me to learn, though, eh? I'll invest $400 into their 2 stable LPs, and another $200 for $TRX lubrication and $SUN locks.
I'll stake 100 $KUJI with @BlackWhaleDeFi on Kujira, but then there are the most active order books that I have no stake in: axlUSDCUSK and KUJIaxlUSDC. I'll put some bids into those order books.
The remaining liquidity will go to fund the sAVAX-AVAX LP on @traderjoe_xyz, earning 6ish%.

How will I:

start earning income-replacing yields?
grow my principal stake?

with these approaches?

I don't know, but thus begins my inquiry.

Let's do this.

Tron.

Getting liquidity to Tron is easy with the http://swap.transit.finance/#/ swap-bridge, but there is something interesting to notice.

Look at the swap rates for various tiers of $USDT:

10 -> 9.17
100 -> 98.9
550 -> 547.55 (or 0.9955454545)
1000 -> 996.2

Different efficacies for LPs is a known problem, but I've always seen a swap-rate be relatively consistent, that is, for well-funded LPs. But these bands are very stark in their different swap-rates.

But even at 1000 $USDT, I'm losing 4 of them.

@CurveFinance, this is not.

Okay, $USDT-swap-curve noted. But before I transfer $USDT-liquidity to Tron, I'll need some $TRX for transaction on that blockchain. Which is the better swap, however: $AVAX or $USDT?

It turns out the $USDT-swap is better. Good. So, I'll convert to 600 $USDT, bridge most of that, and swap-bridge to some $TRX to start my adventure on the Tron network.

The swap-bridge does take its sweet time; sheesh. 🙄

Okay, so now I'm on Tron network with the purpose of investing in the high-yielding stable LPs.

Before I do that, I LOCK some $SUN by, well, first SWAPPING to $SUN from bridged $USDT on @defi_sunio.

That's a lot of $SUN for 140 $USDT.

Goodbye, 140 $USDT. 🙄

So, am I ready to invest into these stable LPs? Not quite yet: I need $USDD.

The swap from $USDT is at a slight disadvantage,

... so I use the PSM (discussed earlier) to level that playing field.

I wonder if there's an infinite spiral up in there somewhere?

And now I see how a stable LP gets such JUICY APYs ...

... you get them by locking your LP for 36 months.

Okay. I've come this far. Let's see what a 36-month lock feels like.

This concludes the Tron-portion of my investing-foray.

How do I feel about Tron?

Hm: old-fashioned. I burned through an awful lot of $TRX to set up these accounts that I'll never see again, ... and, ... can I add liquidity to them without incurring penalties or extensions? Hm.