Valuation, Kujira portfolio: 2023-03-08

Let us turn our attention to @TeamKujira blockchain, and lo! and behold! a liquidation fulfillment for $stATOM awaits me.

I have two words to say to that:

Oh, yes, please! #twowords

2.536110 $stATOM, premium: 10.29% (avg)

quote: $11.83 (sweet!)

commission: 0.012680 $stATOM

Meanwhile, I have several catch-all orders to claim on FIN, so I redistribute wealth there, like the good little commie I am. 

#wealthredistribution 

I JUST BOUGHT SOME $INJ! THIS IS MY FIRST $INJ!

... um, I don't know what an $INJ is. 😅🙄

Look at this arb that fell into my lap.

A red candlestick bought me ~90 $axlUSDC at $0.95-per. The strike price is back above $0.96-per.

It's like these order books are begging me to make money! 😱 

But, after all, this is the axlUSDC/USK order book, or, as I call it: 💸🖨️

Same with this KUJI/LOCAL catch-all. A green wick caught me lots of $LOCAL on the cheap, so I'm going to buy back $KUJI, just below strike for a 10% gain over these two orders.

This is a simple "sell high, buy low"-formula.

Amazing what you can do, when you have lots of $KUJI.

Now!

Some of you have noticed the fun we're having with $LUNA today.

Mayhap a bit TOO much fun, I say!

SO! I'm closing my $LUNA mint. How? I've minted the coverage with $DOT 

(which I can't find a use-case for, other than minting $USK?) 

Thanks to the help of @TeamKujira on discord, I was able to withdraw liquidity from the wAVAX-USK LP (it was stuck there, previously).

I bridged it back, safe and sound, to @avalancheavax via the Satellite Bridge. 

Following up.

I did arb the axlUSDC/USK board with these trades.

The result:

I bought back the USK (originally 87.5 used to buy axlUSDC): 89.0156, ROI: 1.73%

In a day? On a stablecoin order book? That, there, is a nice gain. 😎

Okay. Time to take stock of where we are, draw a line in the sand, and issue the daily report.

Valuation, Kujira portfolio: 2023-03-08

invested: $14,703.76

value: $14,577.50

net gain: -$126.25

ROI: -0.86%

staked: $859.00

wallet: $4,285.601

order book bids: $4,178.95

Supply: $2,833.09

Borrow: -$745.000

LPs: $2,955.86

ORCA liquidation Bids: $210.000

matches supply+stake: TRUE

matches LPs: TRUE

matches value: TRUE

total assets: $14,577.50

discrepancy: $0.00

PnL

@TeamKujira FIN order books: 2023-03-08

Profit: $0.000

Loss: $128.082

subtotal: -$128.082

fees: $0.003

commission: $0.884

total costs: $0.887

Total profit (or loss): -$128.968 on 28 trades

average: -$4.606 per trade

1 liquidation at a 10.34% premium (avg)

pnl sources: https://github.com/logicalgraphs/crypto-n-rust/blob/main/src/ch08/pnl/pnl_with_liquidations.rs

Assets in play

Kujira Positions report

staked, supplied, provisioned, @TeamKujira 2023-03-08

Staked and supplied assets UP 3.50%

LP positions DOWN 4.46%

total positions:

$6,645.85 invested

$6,632.14 value

DOWN 0.21%