Showing posts with label ROI. Show all posts
Showing posts with label ROI. Show all posts

Monday, August 7, 2023

Cryptocurrency pop-answer: burn ROI and APR for LSDs

This LSD-problem is algebraic, so doesn't need to be solved in #Rust, but could be solved in, say, a ... SPREADSHEETSZORXEN!??!?



a) 10% ROI is computed by 0.9 * current exchange rate (10% burn rate column)
b) Since we have the burn period (unbound (days)), we have the burn APR 

Monday, April 10, 2023

Measure

Measure.
Measure.
Measure.

How can you know how you're doing?

Measure!

Do you sense a theme from my tweets?

'Hint': it's ... measure.

I've been in @FantomFDN for a while. How am I doing?

That's the wrong question. Why? It's vague. Let's ask better questions so we can get to answers that are useful.

How is $sFTMX doing?

That's actually a pretty tough question to answer.

Why?

Because how do you measure that?

For context, staked @FantomFDN $FTM is one of the tokens that have a realized NEGATIVE return, according to @StakingRewards. 


BUT! @staderlabs reports that $sFTMX has an APR of 4.7%. 


Which figure is correct? How can we know? 

... hint? 

The first piece of evidence (that $sFTMX is working) is the daily Granary Finance report

What we see is a realized gain of $FTM from the $sFTMX over time, to the tune of 15%-...ish APR (3.38x leveraged).

Another data-point, contrasting to the leveraged-approach, is @UniDexFinance's $FTM pool, where you supply liquidity for them to use to back their perpetuals. 



How's it doing?

In a word: smashingly well.

93.6% ROI 💥🎉💥
... but only 10% APY?

Hm. 

But that's not even half the story!

To protect against a possible $sFTMX-depeg, I've hedged the collateral with the @beethoven_x Locked, Staked, and Two Smoking Fantoms LP.


That's an additional $3.2k liquidity necessary for those 85 $FTM.

3x invested but not only 1.5x yielded?

Am I saying @GranaryFinance $sFTMX looped investment is bad?

Nah, fam. I'm not saying that at all.

I am saying my investments on @FantomFDN need redistribution to reflect the yields.

That's what I'm saying.


Thursday, January 12, 2023

Saturday, November 5, 2022

Investment by BlockChain, 2022-11-05

Investment by BlockChain, 2022-11-05


invested: $61,007.40
value: $77,833.03
ROI: 27.58%