Wednesday, November 30, 2022

2022-11-30 Aave AVAX loop APR report

This.


... any questions?


On that note, ... shall I transfer $AVAX to my Avalanche wallet?



Yes. I think I shall, indeed.

2022-11-30 @AaveAave $AVAX loop APR report





APY 12.34%
APR 23.00%

all yield collected: 1.72 $WAVAX
yields, incept: 2022-11-14
yield collected for 16 days
With $AVAX at $12.83
that is $1.38 collected per day (avg)

Analyses


What does this say about the @AaveAave $AVAX loop-approach. I've made 3.5 $AVAX since incept, 15 days ago.

Yes, $AVAX borrow eats away at it, but reinvesting yields pumps faster than the borrow rate eats.

This is what CIAN says: 30% APR.


Sounds good to me.

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