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Display also USD rewards in the DUSD LM Pools (dToken Pools) #1943

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UserMaxL opened this issue Nov 27, 2024 · 2 comments
Open

Display also USD rewards in the DUSD LM Pools (dToken Pools) #1943

UserMaxL opened this issue Nov 27, 2024 · 2 comments
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kind/feature New feature request needs/area Needs area label(s) needs/triage Waiting for triage to be accepted

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@UserMaxL
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UserMaxL commented Nov 27, 2024

The displayed APRs in the DUSD LM Pools (dToken Pools) assume a DUSD price of 1 USD. Since this is not true, the actual USD rewards are much higher when considering the DUSD to USD price.

Example:
The 5% calculated on MSTR/DUSD is based on DUSD, so let's say you invest 2000 DUSD in this pool; the yield will be 5%, which equates to 100 DUSD (paid in DFI). But if DUSD is trading at 5 cents, you get 2000 DUSD for 100 USD. So, when you invest 100 USD, you get a yield of 100 USD, resulting in a 100% yield, which is 20x the displayed 5% APR.

It would be very helpful to display the USD APRs as well (=current APRs / DUSD price), as it better illustrates the attractiveness of the dToken LM.

I also attached a picture to prove the concept (DUSD price was at 6.4ct at that time).

image

@UserMaxL UserMaxL added the kind/feature New feature request label Nov 27, 2024
@github-actions github-actions bot added the needs/triage Waiting for triage to be accepted label Nov 27, 2024
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@UserMaxL: Thanks for opening an issue, it is currently awaiting triage.

The triage/accepted label can be added by foundation members by writing /triage accepted in a comment.

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@github-actions github-actions bot added the needs/area Needs area label(s) label Nov 27, 2024
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@UserMaxL: There are no 'area' labels on this issue. Adding an appropriate label will greatly expedite the process for us. You can add as many area as you see fit. If you are unsure what to do you can ignore this!

You can add area labels by leaving a /area comment.

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I am a bot created to help the BirthdayResearch developers manage community feedback and contributions. You can check out my manifest file to understand my behavior and what I can do. If you want to use this for your project, you can check out the BirthdayResearch/oss-governance-bot repository.

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Labels
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