I’ve been and am still currently all badger sett for my badgers since I joined. I did try a small 2k USD value LP WBTC/Badger Uni position last week. Been thinking about doing LP. I’ve spent so many hours in regards to deciding what to do with my badgers, doing many calculations regarding impermanent loss, APY gains, different scenarios in how much Badger or BTC goes up in relation to each other, etc. HOURS AND HOURS. I’ve even gone as far as researching the top 20 BADGER holders looking back at the snapshot votes and their wallet compositions and strategies.
Here is what I’ve decided (for now at least). I’m going to stay in BADGER only sett for my badgers (most of the top 20 have badger only sett or have a majority of their portfolio in badger only sett) I’ve got a decent amount of DIGG LP so I will try to maintain a rewards ratio of 1:1 with badger and digg. I will then sell the digg on positive rebases and pair that with badger on a weekly basis and put that in an LP stake WBTC/BADGER. then keep building wbtc/badger unilp rewards, badger rewards and digg rewards from that WBTC/badger uni LP from rewards from my badger only sett and DIGG/WBTC LPs.
I will then accumulate any DIGG extras after pairing with badger and keep accumulating till it makes sense enough to sell some for WBTC and add to the WBTC/DIGG LP again.
This way it is a somewhat sustainable ecosystem which just keeps on building rewards.
You preserve your badgers from possible IL but you are also getting advantage from high APY from LP , creating more LP from “free rewards” and creating more rewards from those rewards’ LP byproduct.
Hope that makes sense. LOL
You don’t even know how much time I’ve spent on this. reading many articles, educational articles, looking at badger holder wallets on zapper, apy.vision, etc etc etc.
oh, and also badger boost is coming soon which will autocompound everything automatically. Once that happens, our portfolios will grow exponentially due to the power of daily compounding. INSANE Gains.
What are your thoughts with the above strategy? I just literally finalized this today right before writing to you. I believe a lot of us are thinking about this very topic right now and what to do with their badgers.