I bought some $AVAX and transferred that liquidity to Avalanche. Before I run the @BenqiFinance report, I swap that $AVAX to $sAVAX on @KyberNetwork, then supply the $sAVAX to @BenqiFinance, then borrow half as $AVAX.
As $sAVAX grows in value vs. $AVAX, this is a 'safe borrow.'
2022-11-07 @BenqiFinance $AVAX loop APR report
APY 9.40%
APR 20.14%
total yields collected: 2.85 $AVAX and 3551.32 $QI on 2022-11-07
yields, incept: 2022-10-22
yield collected for 16 days
With $AVAX at $18.44 and $QI at $0.008683 that is $5.21 collected per day (avg)
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