How to execute this?
(NFA) ⚠️
1⃣ Find worst case borrow APR at 100% utilisation on @SiloFinance market #3:
At 100% Utilisation the max borrow APR payable in $S is 8%.
2⃣Calculate the minimum discount required to execute and breakeven:
In order to breakeven, the user needs to ensure that they earn a fixed yield of at least 8%. After solving for what the minimum discount should be, we arrive at 5.64% as the min discount required to buy the fNFT
5.64% min discount is assuming 270 days to maturity. As days pass, the min discount required keeps lowering.
3⃣ Conclusion
--> As long as you can buy the fNFT at a discount >= 5.64%, you are guaranteed to not make a loss via in $S terms.
--> If you manage to buy the fNFT at a discount > 5.64%, then you are guaranteed to profit in $S terms.
Earn points on your e deposit on Silo also while doing this quired😃
Do what you will with this info
Airdrop maxxxxxxing=
1️⃣Mint @beets_fi $stS with the initial 25% liquid claim
2️⃣Lend the $stS on @SiloFinance & borrow $S
3️⃣Use that $S to buy the fNFT at a discount on
@paint_swap
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