ABCDEFGHIJKLMNOPQRSTUVWX
1
Kindly make a copy of this sheet and change the Principal and SHIFT FDV as per your needs.
2
Position
3
Principal10,000USDC# LoopsSupply BalanceDebt BalanceLeverageDebt / EquitySupply RevenueDebt CostNet RevenueIncentives (in USD)
4
LTV90%0$10,00001.00x0.00%$457$0$457$750
5
Number of Loops8(6.13x leverage)1$19,0009,0001.90x47.37%$868-$225$1,093$1,425
6
Native Lending APR (Supply)3.77%2$27,10017,1002.71x63.10%$1,238-$428$1,666$2,033
7
MORPHO Incentives APR (Supply)0.80%3$34,39024,3903.44x70.92%$1,572-$610$2,181$2,579
8
SHIFT Incentives APR (Borrow)7.50%(Fixed floor of 5%)4$40,95130,9514.10x75.58%$1,871-$774$2,645$3,071
9
USDC Borrow APR (90-day avg)5.00%5$46,85636,8564.69x78.66%$2,141-$921$3,063$3,514
10
6$52,17042,1705.22x80.83%$2,384-$1,054$3,438$3,913
11
Position Net APR40.81%7$56,95346,9535.70x82.44%$2,603-$1,174$3,777$4,271
12
8$61,25851,2586.13x83.68%$2,799-$1,281$4,081$4,594
13
14
SHIFT FDV150,000,000
(Last Series A Valuation)
15
SHIFT Total Supply10,000,000,000
16
SHIFT per Position (90-day LP)75,524
(total position after 8 loops)
17
SHIFT per Day per $ Supplied0.0137
18
19
20
Liquidation Calculations
21
Liquidation Threshold96.5%
22
Collateral Amount10,000
23
Borrowed Amount9,000
24
LTV90.00%
25
Days to Liquidation2,069
26
Years to Liquidation5.7
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100