Tuesday, March 14, 2023

Daily Fantom Blockchain position report, 2023-03-14

WOWSTERS, folks!

@GeistFinance, simply for STAKING (NOT locking) $GEIST is offering 44% APY in native tokens! This is up by more than 💥💥💥 14𝔁💥💥💥from last week's APY.


The locked-option is also very nice (and the one I'm taking), at 76% APY.

I am closing my 2s $FTM long position on @UniDexFinance.




2023-03-13 entry: 1,200 $FTM @ $0.4152
2023-03-14 exit: 1,426.57 $FTM @ $0.4542 (224.16 $FTM/$102 gain)

ROI: 18.68%, annualized to: 6818.14%

Not bad for a day's gain, mm, hm. 😎⭐️

I don't need to pad my 2x $FTM short position on @FantomFDN @UniDexFinance, but if I were to, I just simply add $USDC to that position and it, like, adds it, ... and stuff. NEAT! 


Now that I have closed the long-side, what do I do, right away?

Open a new 2x $FTM long position on @FantomFDN @UniDexFinance. Same amount.




My aim is that if a position makes 10% or more, 

  1. I close it, taking profit,
  2. adjust the opposite side
  3. open a new position
  4. loop

Daily Fantom Blockchain position report, 2023-03-14





invested: $27,030.92
valuation: $25,636.04
ROI: -5.16%

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