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💎 Holder of BAYC #1835#3089#8362#9018#9815 🎵抖音 @ 元宇宙的猿 / Metabape
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Metabape.eth
01-15
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@Lighter_xyz posted on _2024111120230_| After staking, there should be a jack-of-all-trades investment opportunity. Let's do the math: 1. Currently, the LLP fund size is too large, and the capital utilization efficiency is extremely low. This situation of too many investors and too few opportunities results in ridiculously low returns. 2. After linking token staking to vault shares, theoretically, a large amount of money will be withdrawn, leading to an increase in returns. 3. At this point, we can calculate the margin required for buying spot and leveraged hedging, as well as the corresponding principal that can be deposited into LLP to earn returns, to roughly calculate a return rate. For example, if you buy 10wu of spot tokens and use 5wu for hedging, you have 50,000 spot tokens, corresponding to a vault share of 50wu, and the total invested principal is 65wu. Dividing this total principal by the returns generated by 50wu gives you the real-time APY. This is the first benefit. 4. Based on observations over this period, the fees for $LIT are acceptable both on our own platform and on CEXs, allowing hedging positions to benefit from the fees. This is the second benefit. 5. The announcement states that subsequent staking will also lead to token releases, resulting in additional returns based on the token balance. This is the third benefit. 6. If this hedging position can continue to earn Q3 points, and the staking position can provide a bonus to those points, that would be even better. This is the fourth benefit. 7. I estimate that the overall yield will be very attractive in the first few days. Once speculative investors have calculated the returns, the yield of this hedging staking strategy will drop to an equilibrium point, since LLP isn't a guaranteed profit. 8. This is the advantage of a small-scale, agrarian economy. We don't need to care about the project's token price; our focus is always on generating cash flow and making a small profit.
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