Saturday, December 3, 2022

2022-12-03 Benqi Finance AVAX loop APR report

Let's do the @BenqiFinance daily report.

Before we do that, we harvest the yields.


The $AVAX-yields I split 50/50 with $sAVAX on @KyberNetwork, pair, then farm on @traderjoe_xyz. 




The $JOE-yields I stake as $sJOE on @traderjoe_xyz. This stake earns $USDC-yields. 


I combine the $QI-yields from both @traderjoe_xyz and from @BenqiFinance (which still has issues), swap them to $sAVAX, then supply the $sAVAX to @BenqiFinance marketplace. 




2022-12-03 @BenqiFinance $AVAX loop APR report





APY 7.69%
APR 20.01%

total $AVAX-yields collected: 17.25
total $QI-yields collected: 3551.32
yields, incept: 2022-10-22
yield collected for 42 days

With $AVAX at $13.74 and $QI at $0.008547
That is $6.37 collected per day (avg)

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