Monday, March 27, 2023

Whither $cGLP?-#contest, day 27/30, 2023-03-27

For the "Whither $cGLP?"-#contest today, we FINNA have yields on @GMX_IO  🎉🎉🎉

So, I collect them, 


swap half the $ETH-yields to $GMX on @matchaxyz, 


then stake on @GMX_IO.


For purchasing $GLP, the lowest fees are with $USDT, but the slippage to $USDT gives me LESS $GLP than if I just simply bought with $ETH.

So, that's what I do: I buy $GLP with $ETH on @GMX_IO. 


My positions on @gmx_io settle to the following.


Whither $cGLP?-#contest, day 27/30, 2023-03-27:





  • @arbitrum @GMX_IO, start: $973.37 , gain (or loss): 1.41%
  • @0xcarbon @demexchange, start: $961.13 , gain (or loss): 1.65%

Current APR δ: 3.23%, which means $cGPL is so far: LOSING!

The yields collected today put @GMX_IO on the WINNING!-side.

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