
AlgoFi vault reward performance for Governance period 3
TL;DR: Maximizing our vaulted ALGO with borrowed ALGO yielded more than 2x in governance rewards profit. For the third Governance season we tried the AlgoFi vault for Governance: AlgoFi counts vaulted Algo as collateral that you can borrow against. Borrowing Algo against your vaulted algo has two advantages: You can add the borrowed algo to the vault, thus increasing your collateral and ability to borrow more Algo. You are not exposed to liquidation danger due to price fluctuations between your collateral and borrow value, as they are the same picture price....