2022-12-04 Benqi Finance AVAX loop APR report

2022-12-04 @BenqiFinance $AVAX loop APR report

APY 7.51%
APR 19.63%

total $AVAX-yields collected: 17.25
total $QI-yields collected: 3551.32
yields, incept: 2022-10-22
yield collected for 43 days

With $AVAX at $13.72 and $QI at $0.009041
That is $6.25 collected per day (avg)

Analysis

Let's just look at these data for a second. What does this mean? Look at the net $AVAX:

I've made 1 $AVAX/DAY using this approach.

Now look at the $AVAX yield:

I've made 0.5 $AVAX/DAY there.

I'm making 1.5 $AVAX/DAY using LEVERAGED $AVAX ('other people's $AVAX') 🎉