2022-11-01 Aave AVAX loop APR report

Let's transfer to my Avalanche wallet some $AVAX I just purchased on a buy limit order on the advanced @coinbase order book. 

I swap these $AVAX to $sAVAX on @KyberNetwork, which is the place to do this swap, 

then supply the $sAVAX, not to @AaveAave, as it is now $sAVAX-capped (!!), 

but to @BenqiFinance, then I immediately borrow half that in $AVAX, ... growing the supply 2x faster than the borrow.

2022-11-01 @AaveAave $AVAX loop APR report

APY 16.80%

APR 19.45%

all yield collected: 7.53 $WAVAX on 2022-11-01

yields, incept: 2022-10-14

yield collected for 18 days

With $AVAX at $18.74 that is $7.84 collected per day (avg)

We'll start to see yields/day creep up over time.

What do I do with the @AaveAave $WAVAX-yields, now that $sAVAX supply is capped?

Aye, that's the rub, m'hearties!

My approach is as follows:

• Supply 50% $WAVAX-yields on @AaveAave marketplace

• Repay 50% $WAVAX-yields to $AVAX borrow on @AaveAave 

Let's see how this goes over the long-haul.