4 replies, 130 views, 1 likes
A user, Jsimo01, is confused about their negative APY despite favorable lending and borrowing rates on Aave, and the community, especially EzR3aL, is actively providing support and guidance, including directing the user to the official Aave discord for reliable assistance. There's no identified negative impact from this situation, and the user is advised to verify information through trusted sources like X or Coingecko.
The discussion revolves around a user, Jsimo01, who is experiencing confusion regarding their Annual Percentage Yield (APY). They are puzzled by the fact that their overall APY is negative (-6.86%) despite providing collateral with a healthy factor of 1.3 and earning 0.18% on it, while borrowing at a rate of -4.83% in GHO token. There was a minor confusion when Jsimo01 initially mentioned APT as their collateral, which was corrected to WBTC after EzR3aL highlighted that APT is not listed on any Aave market.
The community has engaged with Jsimo01's issue by offering clarification and support. EzR3aL has been particularly helpful by correcting the initial misunderstanding regarding the collateral and suggesting that Jsimo01 seek assistance on the official Aave discord. They also recommended checking for the official link on resources like X or Coingecko to ensure the user is getting accurate and safe information.
We have not been able to determine whether this will be negative.
Posted 22 days ago
Last reply 22 days ago
Summary updated 15 days ago
Last updated 09/12 13:52