Thursday, December 8, 2022

Net Avalanche positions: 2022-12-08

Before I do the daily Avalanche blockchain report, I'll collect and reinvest @GMX_IO-yields, 


...but before I do that – it's a lovely dank, damp day – time to go on a walkabout. kthxbaifam143

Okay, no walk, but MEETINGS! LOTS OF MEETINGS! instead.

... yay?

I collect the yields, including 1ish $AVAX. I add a wee bit to that to put $10-worth into $GMX and $GLP.

Buying the $GMX from @traderjoe_xyz then staking on @GMX_IO is easy-peasy. 



Buying $GLP requires a bit more finesse.


$BTC.b has the lowest fees, but I have a (unreasonable?) concern about slippage, but $USDC.e has low fees AND low slippage. SO!

  • I swap $AVAX to $USDC.e on @KyberNetwork 


  • I buy $GLP with $USDC.e on @GMX_IO 


The purchase stakes itself.

Avalanche positions are now settled. Let's do the daily Avalanche report.

Net Avalanche positions: 2022-12-08



invested: $67,223.75
valuation: $59,642.06
ROI: -11.17%

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