Daily state-of-Terra (classic) report, 2022-07-25

Daily state-of-Terra (classic) report, 2022-07-25:

1 $USTC: 0.042 $USDC
1.9M $LUNC: 5047 $USTC

... which is 182 $USDC off-chain, down 3.5% from yesterday

Daily Aave LINK self-funding experiment report, 2022-07-25

Daily @AaveAave $LINK self-funding experiment report, 2022-07-25:

Day 12

Invested: 39.29066368 $LINK

Goal: 74.36176567 $LINK

balance: 41.34921888 $LINK

APY% (measured): 486.02%%

$LINK earned/day (average): 0.1715462671

Self-funded in: 192.4410676 days

Daily state-of-Terra (classic) report, 2022-07-24

Daily state-of-Terra (classic) report, 2022-07-24:

1 $USTC: 0.042 $USDC (ouch?)
1.9M $LUNC: 5071 $USTC
... which is 189 $USDC off-chain, no change from yesterday, but if you're bridging $USTC into Avalanche, you need more $USTC to accomplish the same swaps.

Daily Aave LINK self-funding experiment, 2022-07-24

Daily @AaveAave $LINK self-funding experiment report, 2022-07-24:

Day 11

Invested: 39.29066368 $LINK
Goal: 74.36176567 $LINK
balance: 41.17651883 $LINK

APY% (measured): 515.62%

$LINK earned/day (average): 0.1714413778
Self-funded in: 193.5661465 days

Daily cryptocurrency income report, 2022-07-24

Daily #cryptocurrency income report, 2022-07-24: $15.73*

Not a busy day, with @mirror_protocol coming in at the very end of the day to provide the income. So days be quiet; what can I say?

*doesn't include auto-restaked yields nor x-token gains.

Reinvesting both $QI and $AVAX on Benqi

The pop-quiz Bonus, part 3. is a non-sequitur: if you supply $AVAX, it, too will yield $QI and $AVAX, so I'll answer Bonus, part 4: $QI and $AVAX reinvested:

Totals at the end of 1 year:

$QI: $22,510.32

$AVAX: $3,774.22

Total-total: $26,284.54

Which is $500 MORE that reinvesting only $QI!

Spreadsheet for reinvesting $QI

The second part of the bonus for the pop-quiz, I brute-force it with a spreadsheet, reinvesting the $QI each day and recomputing the yields based on the new $QI balance.

The new total value? $26,198.82, or $400 more than the previous answer that did not reinvest $QI.

NEAT: Hard work pays!

But here's the thingamabob about this SPREADSHEET!

It may horrify my mathematician-friends, ...

Elena Marie: Papa, you have friends? 🥺

Me, curtly: yes.

But you can use it with any asset that produces itself and another asset.

You can run these kinds of scenarios yourselves.

The link to this spreadsheet is here.

Have at it!