JBlock Update #9: October Recap

Juanbug
1 min readOct 30, 2022

Here’s what happened with JBlock in October!

10/1: Still staying in the stmatic/matic trade on Aave for now. Things are going good and yields seem to have found a sweet spot on the lido boost on Beefy.

10/13: Shifted yields from the Beefy lido pool over to some on Balancer. As Matic appreciated in comparison to ETH, had to rebalance out of the pool. Moved some of the disproportionate Matic over to the Balancer pool

10/29: Shifted matic/stmatic back to the Lido pool as yields for the balancer pool dry up a little. Lido has reinstated yields for the Lido pool sitting around 17% right now. Net about 6% yields on that pool alone.

Overall, another relaxing and chill month. Closing out the month with a 7.89% APR on eth! A nice appreciation of ETH price this month also nicely gains back some of the last few crappy months.

Thanks for you time — Juanbug.

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