Thread by @coinage_x_daic

1/ A red market day is a great chance for a farmer to turn away from the candles to check some fundamental data: Farm APRs! 🧑‍🌾

Let´s have a look at how APRs developed on @mirror_protocol, @terraswap_io, and @anchor_protocol in August.

Spoiler alert: Numba go up! 🌋

🧵👇

2/ But first, let´s quickly check the core APY on @terra_money: The anchor rate ⚓️

Is 20% sustainable in the long run? Well, we just needed bETH to start believing in a clear "YES."

80k bETH is already on Anchor; the yield reserve is finally filling up!

bSOL is next! 😎

3/ What about @mirror_protocol , ser? 🪞

Same pattern! The Long Farm APRs are increasing due to the price trend of $MIR.

Independently from the introduced volatility, it seems that there are a few mAssets that outperform on the Long Farms👀👇

4/ And Short Farms? The graph still looks like if a degen artist enjoyed too much the price increase of $LUNA lately 🙇‍♂️

The strategy recommendation stays the same: Don´t hunt the Short Farm; go broad on mAssets and catch 'em all

(I would love to have an mAsset Pokedex 🤔)

5/ And finally, our favorite hidden farm on @terraswap_io: bLUNA-LUNA.

The bLUNA price action led to an amazing increase in APR. We touched 60% 🧑‍🌾

However, the real winner is UST-LUNA. I mean, we all know it, right? That duo is king! 👑

Tasty APRs far over 90%. 🔥

6/ Big thank you to @alphaDefi_ for providing the data! True magic. Check out the data sets on his page alphadefi.fund/data-center/

Also a big thanks to @ALPAC41 for the live APRs on his page and to @cjbeery for his mirrorrtracker! Check them all out.

Community strong 🐒🔥 :)