Thank you for your response. I am a little confused as I have conducted a real-life experiment and it doesn't appear to match what you say. I deposited DAI into Alchemix and my borrow limit has grown by roughly $13. However, when I attempt to withdraw that $13 DAI it states that the maturity date for that loan is in a few days.
I then decided to see if there was a difference between taking out my initial borrow limit and taking out my current borrow limit (which has grown slightly due to yield). By your logic, there should not have been a difference in maturity date between these two loan amounts as the additional borrow limit was 'credit' but again there was.
Is this a UI issue or is something else causing this discrepancy?
Secondly, I didn't really understand the 2nd part of your response (my bad). Can you kindly explain what exactly happens when a user deposits DAI and does not take out an alUSD loan? Is ALL the yield from that DAI added to a users borrow limit or is only some of it? If some of the DAI is spent elsewhere, where would that be and would that mean that taking out a loan makes more sense than leaving your DAI in the Vault? I'd appreciate it if you could use an example i.e. 1000 DAI deposit at 20% APY.
I appreciate your patience and your help.
thetechnocratic
n4n0