2022-12-14, part II: GranaryFinance sFTMX loop APR report

Now on to Fantom ... menace? ... opera? ... nah: FANTOM FANTOM!

I now dub thee: "Fantom Fantom." 👻👻👻

I swap the $FTM transferred from @Bybit_Official to $USDC. 

Why?

So I can supply it to @GeistFinance then borrow $MIM.

This is my working liquidity for today.

SWAP-SWAP, SUPPLY-SUPPLY. I swap 100 $MIM to $USDC then add to that pool on @UniDexFinance. 

I swap the rest of the $MIM to $FTM and I supply $100-worth to the $FTM-pool on @UniDexFinance.

40-50% yield on a single-stake pool, real APYs, and not diminishing?

Yes, please! 

With the remaining $FTM, I swap it to $sFTMX on @SpookySwap, then supply that to @GranaryFinance.

I borrow $FTM, then swap it to $sFTMX, which I resupply to @GranaryFinance, 'loop'ing and leveragining the intrinsic gains of the (liquid) staked-token. 

My @GranaryFinance positions settle to the following after looping.

2022-12-14 @GranaryFinance $sFTMX loop APR report

incept date 2022-12-03
sFTMX leveraged: 33738.397
sFTMX factor: 1.0679
FTM borrowed: -22,482.06
net FTM: 13,547.17
net FTM δ: 162.59
days in market: 11

APR: 39.82%

Interestingly: this is the second daily report today. 🤓🤔