This morning, I organized some assets at @SonicLabs.
First, I withdrew the $S that was in Aave again. The reason was that the yield was in the low single digits, but the most important reason I kept it was that the Sonic points were effectively 12 times.
However, since the current S/USDC pairing can achieve an APR of over 400%, I felt that I didn't need to keep the assets there, so I moved the remaining S to Shadow's LP, even considering IL.
Shadow does not have an automatic swap feature when creating LPs. So it's quite inconvenient.
When I checked in the morning, the range had deviated, and I had to readjust it. The assets were concentrated on one side, and swapping them back and gradually adjusting to fill the LP is quite a hassle. The LP setup of Momentum based on Sui is definitely much more convenient for this.
Currently, I have set the APR to about 545% and am keeping the range, and I plan to reinvest the daily accumulated yield back into the LP.
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