Okay, a lot going on today, folks!
For one: I learned what cross margin is today.
(so proud of myself) 😢
So, yeah, a lot going on today. So, let's deal with these things one at a time.
The first thing to deal with is that I have a lot of free-standing liquidity on @avalancheavax right now, doing nothing.
So, I'm moving that liquidity to @arbitrum.
That's most of the free-standing liquidity on @avalancheavax. The remaining liquidity I swap to $sAVAX on @KyberNetwork then supply to @BenqiFinance.
So, remember when I asked you to be patient as to why I was moving liquidity from @avalancheavax to @arbitrum?
I don't either.
So, I've set 4 new positions on @GMX_IO:
Let's see how I manage these!
My aim here to to turn price-movement into realized yields. When one of these positions goes above 10%, I'll close that position, capturing those gains, then reopen a new position whilst fortifying the corresponding bracket.
UPDATE:The 4.2xLONG perpetuals HIT for $BTC and $ETH.
Consequently, I'm closing those positions to lock in profit as $BTC and $ETH, respectively, then reopening these long positions.I'm turning price-movement to yields, folks.
Now.
FINALLY!
I can do my daily @arbitrum report.
Arbitrum Protocols 2023-03-17
invested: $5,718.25
value: $5,837.74
ROI: 2.09%
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