Ooh! Speaking of minting on BLUE, on the dual-side, which is liquidations on ORCA, I have $ATOM liquidation fulfillments to claim!
WOOT! WOOT!
I supply 50% of the claimed $ATOM to minting on BLUE and mint $USK,
... making sure my $ATOM bag is safely collateralized.
With the minted $USK (never enough, never will be) and $USK I've arbed and earned elsewhere, I place new liquidation fulfillment bids.
My approach? I place two bids that have premiums BELOW the bulk of the other bids on the market, and the lower bid is double the next bid.
Here, today, you see I place two $ATOM liquidation fulfillment bids: one for 20 $USK at 8% premium,
... the next at 10 $USK at 9% premium. I'll scale up these bids in amounts bid as I learn the rhythm to ORCA on @TeamKujira blockchain.
So, this is my liquidation-fulfillment-on-ORCA approach:
- place bids below the bulk of other bids.
- claim fulfilled bids
- mint $USK on BLUE from some of the claim.
- rebid to lather. rinse. repeat.
No comments:
Post a Comment