π₯ $85.30π₯ IN YIELDS from @tranquil_fi locked $TRANQ fees stake, now it's time to collect more than
π₯ $415π₯ IN YIELDS from @Defiraverse and do that yield-farming-magic that I do.
Let's rock.
n.b.: stupid remarks about $sFIRA == instablocc.
1/ π§΅
Okay. Yields collected. So, what's the first thing we do when we've collected yields?
besides celebrate good times, C'MON! π
2/ π§΅
The first thing we do, after collecting the yields, and celebrating good times, is that we check our @Defiraverse LP farm yields. The state of the world has not changed today: there are still two tiers, but it may tomorrow, so we check.
THAT's what we do.
3/ π§΅
So, we see two tiers:
Ξ±. $FIRA / $TRANQ LPs at 1000% APY, and
Ξ². everything else.
Given that, we invest our $TRANQ in three equal lots
If you're not trying out the locked $TRANQ fees stake, you're missing something amazing. This stake, alone, saved the protocol. Where other protocols floundered, @tranquil_fi tied their protocol coin to fee-rewards in BTC, ETH, ONE, USDC, and USDT.
Brilliant!
5/ π§΅
Okay. We've invested our $TRANQ, now let's invest the $FIRA, which I'll apportion an even 50 / 50 split:
* $FIRA - $WONE LP *
* $FIRA (single) stake.
Boom. Do-it: to-it.
* adjust investment by +406 $ONE / $51.53
6/ π§΅
So that leaves the $sFIRA yields. My approach here is:
* 50% stake for infinite yield farming
* 50% unsealed.
I'm creating future income now.
Collect the yields from the $FIRA stake and $sFIRA stake, then stake and unseal the $sFIRA.
Reminder: stake all your LPs, too!
7/ π§΅
Yield-farming work: complete.
Let's do the analytics: @Defiraverse asset allocation.
What this chart tells me is that I need to increase
My latest haul from @DefiKingdoms quests. Time to convert these puppies to $DFKGOLD and from thence to $JEWEL and see how my "Hero self-funding"-project is coming along.
1/ π§΅
These are the raw data of the trades by profession for 2022-03-11:
@TeamKujira is several things, but I'll focus on its liquidation fulfillment system today, and how you can earn interest bidding on liquidation fulfillments.
1/ π§΅
So! Liquidations occur on @anchor_protocol when loans exceed maximum LTV. How are these loan liquidations fulfilled? Before it used to be whales that would snipe in and buy the liquidated $LUNA or $bETH at a high premium. @TeamKujira has an alternative.
2/ π§΅
What @TeamKujira offers is a bidding system, where anyone can make a bid on a liquidation fulfillment, and when your bid satisfies the requirements β TADA! β you just fulfilled a loan liquidation: here's your $LUNA or $bETH!
So, I've already staked $MARS to $xMARS, and I've provided C2B $LUNA and $UST ('red bank').
But now they have this C2C max x2 strategy ('fields'), let's discover this together, shall we?
1/ π§΅
The idea of the 'fields' is that you have an LP that you create there (so you don't actually have the LP; you have the unpaired assets), which you can borrow $UST against. The LPs are leveraged (currently) 2x, so yields are much higher than in other hosting protocols.
2/ π§΅
All this is new to me, too, so, the way I learn is to put a little bit in, and, as this protocol entails borrowing, borrowing a safe, smol amount, then see what happens.
So, first up, let's populate each LP in turn. I'll anchor this exercise with $ANC.