Wednesday, November 16, 2022

2022-11-16 Aave AVAX loop APR report

2022-11-16 @AaveAave $AVAX loop APR report





APY 0.00%
APR 51.48%

all yield collected: 0.00 $WAVAX on 2022-11-16
yields, incept: 2022-11-14
yield collected for 2 days
With $AVAX at $13.01 that is $0.00 collected per day (avg)

Analysis

Okay. Hold up for 1 sec and look at this chart again.


That's a NET 1 $AVAX from 300 $AVAX in TWO DAY???

That's a real, honest-to-G-d 50% APR.

... and IMAGINE when yields kick in.

You're HODL'n $AVAX, and you're NOT doing this?

I just don't know what to say to that.

Some really smaährt folks at CIAN who know what the h-ll they're doing devised this looping strategy for @AaveAave $AVAX


This is the SECOND time I'm profiting from this approach.

Study it. Learn it. Do it.

THAT's what I have to say, dear Avalancheans.

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