So what was the best strategy implemented? any discussion? I

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So what was the best strategy implemented? any discussion? I

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30.12.2021

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CryptoDaz (Darren)
For the first 24 hours I think some of the KabaSwa...

What about you Darren? Where are you roughly positioned? Just Curiosity.

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30.12.2021

CryptoDaz (Darren) · Accepted Answer

For the first 24 hours I think some of the KabaSwap liquidity pools were offering good yields After the first yield change leveraging USDX on Kava lend was probably one of the highest yield options It had an 80% LTV so you could turn 300,000 USDX into a 1,500,000 USDX supply and 1,200,000 USDX borrow balance turning 350% APY into 1750% APY With a few days left the KavaSwap pools offered good yields, but gradually over time they fell until leveraging Luna was a good option as you could get both supply and borrow yields Other strategies users where taking advatange of were buying assets when they fell below certain levels where that asset could be supplied to Kava Mint and borrow more USDX than they originally used to purchgase that asset and repeat until the asset price rose above that level again eg. SWP had a fixed value on Kava Mint of $2.50, so if the kavaswap pool price fell below $1.666 it was profitable to buy. i.e Swap 25,000 USDX for SWP at $1.62 gets you 15,432 SWP, Kava Mint values it at $38,580 and allows you to borrow 25,720 USDX which can be used to buy more SWP and repeat until the prioce reached 1.66667 USDX per SWP where it no longer works. Some other users were watching or using a script to take advanateg of any price swings to trade back and forth to make trading proifts to increase the amount of assets they had to earn a yield with

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So what was the best strategy implemented? any discussion? I

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