Tuesday, January 3, 2023

Investment by BlockChain: 2023-01-02

I move the liquidity from the Avalanche blockchain to the Fantom Menace GhostChain by transferring the $AVAX to @Bybit_Official.

On @Bybit_Official I swap-swap the $AVAX to $FTM via the AVAX/USDT and USDT/FTM order books, 



...then transfer the $FTM to my Fantom wallet.



GEIST


When the $FTM arrives on the GhostChain, I swap it to $USDC on @UniDexFinance, 


....then supply that $USDC to @GeistFinance, 


....borrowing back 802 $MIM.


This is my liquidity on Fantom Opera today.

ALPHA HOMORAv2

The project I'm funding tonight are two leveraged LPs on @Alpha_HomoraV2:



  • BTC-ETH, earning 4%, but who cares? It's BTC-ETH! and
  • BTC-ETH-FTM-USDC, earning up to 72% (leveraged) at this moment.

MOAR Yes, please! 😎

So, I need BTC, ETH, FTM, and I have USDC. Let's go get it!

I SWAP-SWAP-SWAP to USDC, ETH, and BTC, 




...then for the FTM, I leverage my position on @GranaryFinance.


This'll be a leveraged (AVAX on @BenqiFinance) leveraged (MIM on @GeistFinance) leveraged (FTM on @GranaryFinance) LEVERAGED @Alpha_HomoraV2 LP

Yes. I don't do things by halves.

🚨
Let me just throw in a caveat here, for those of you reading this thread thinking how cool the el geophf is.

1) you're right: I'm hella cool. 😎
2) but I've been liquidated, ... like: many times.

DON'T take a loan UNLESS you're will to lose ALL your collateral.

All of it
🚨

Okay, let's establish @Alpha_HomoraV2 positions on Fantom.

I'll walk through the leveraged BTC-ETH LP one step at a time, then I'll do the Late Quartet LP in one go.

So, first: BTC-ETH leveraged LP.

I supply BOTH BTC and ETH 


(my choice. You can supply 1 or the other or both). 

Next, I leverage the supplied BTC and ETH. The recommended leverage is 95%, but I play it much safer at a below-85% leverage.


Again: my choice, as, should the markets go fandango, I have a 10% buffer to give me some time to react, ...

... or that's what I tell myself. 🙄

Then @Alpha_HomoraV2 summarizes the LP to be made from supplied and leveraged assets, asking if this is what I want to stake.


It's only 0.83% yield, even with leverage, so the power of this LP is overwhelmingly from BTC's and ETH's value.

After I've staked the BTC-ETH leveraged LP, @Alpha_HomoraV2 gives me a "your positions"-page, showing my staked assets. 


Now, let's do @beethoven_x Late Quartet leveraged LP of four assets { BTC, ETH, FTM, USDC } on @Alpha_HomoraV2, but let's do it 4x faster.




You see my spreadsheet tracking this LP includes a self-loan of $FTM from @GranaryFinance. 


I'll pay-back the loan with @Alpha_HomoraV2 yields.

Okay, is that Fantom? Are we ready to do the daily blockchains report?

Hellz nah! We still have my @UniDexFinance pools and @GranaryFinance looped $sFTMX positions to review.

Let's tackle them one at a time.

UNIDEX


So, the @UniDexFinance single-stake pools. 


They ARE NOT savings accounts, as the principal is at risk, but boy-o-boy! 20%+ APY (calculated)/ 40% + APR?

Yeah, I'll take that risk for that reward.

Let's step through my yield farming process on the $FTM pool first. 


I have $FTM-yields to collect from the $FTM-pool. So, not only is principal creeping up, but it's also yield $FTM, as well.

Sweet!

I collect the yields.

My plan for the $FTM-yields?


50% are reinvested into the $FTM-pool on @UniDexFinance. 

The other 50% I invest into their protocol token: $UNIDX.


So, okay: let's do the daily @GranaryFinance report.

With the @GranaryFinance report done, we now do the blockchains report.

Investment by BlockChain: 2023-01-02



invested: $76,407.96
value: $64,701.76
ROI: -15.32%



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