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,
GEIST
When the $FTM arrives on the GhostChain, I swap it to $USDC on @UniDexFinance,
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,
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
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.
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.
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.
The other 50% I invest into their protocol token: $UNIDX.
With the @GranaryFinance report done, we now do the blockchains report.
Investment by BlockChain: 2023-01-02
value: $64,701.76
ROI: -15.32%
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