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January 6, 2022
If you're using the UST Degenbox strategy then make sure you're accounting for the fees so you can stay in profit. Here's a look behind the actual numbers of the MIM-UST degenbox (outside of the sexy 100% APR numbers we're seeing).
TLDR; Breakeven at 8 weeks, but you'll only beat Anchor protocol at 10 weeks.
Spreadsheet: https://lttlmg.ht/USTFees
My hardware wallet of choice is Ledger: https://lttlmg.ht/ledger
My course Zero to DeFi: zerotodefi.com
I’d love to hear what your main takeaways are from this article. Was there anything that surprised you or anything that I missed? Please share it with me on Twitter or tag me on Instagram. Thanks for reading!
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