Okay. Thank you Avalanche blockchain for today. Moving onto the Fantom Opera blockchain now.
First up: @UniDexFinance.
$UNIDX price ^. Yay!
And I have yields to collect on my $USDC 'savings account' single-stake pool.
50% returns, but principal is at risk.
The $FTM pool is doing even better, but I need to deposit more to see yummy yields from it.
The 50% APY for the $USDC pool on @UniDexFinance checks out, ... and then some.
I'm computing an 80% APY on the yields I just collected from that pool.
What will I do with these 10 $USDC?
6-tier approach: (only 6 tiers here, so no worries) 😳
1. I supply the $USDC to @GeistFinance
2. I borrow back as $MIM, and then some.
3. I swap $MIM to $FTM on @UniDexFinance
4. Then supply half that $FTM to the $FTM pool on @UniDexFinance
5. I swap the remaining $FTM to $sFTMX on @SpookySwap then
6. supply the $sFTMX to @GranaryFinance, then loop that for my loopy report o' loopiness! #loopiness
6-tiers. See? EASY! 😤
My @GranaryFinance positions settle to the following.
I overextended my borrow position, so, next time, I'll have to go easier when I'm looping the borrow.
Good thing the sFTMX supply - FTM borrow is stable-...ish.
I still don't see $OATH- nor $SD-yields.
2022-12-05 @GranaryFinance $sFTMX loop APR report
incept date 2022-12-03
sFTMX leveraged: 4254.011
sFTMX factor: 1.0665
FTM borrowed: -2,930.094
net FTM: 1,606.809
net FTM δ: 25.230
days in market: 2
APR: 286.55% (?)
Again, we need a few weeks to allow the APR to be realistic.
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