"Whither $cGLP?"-CONTEST!
First up, on the @arbitrum @GMX_IO-side, there are yields to compound, which I do.
I reinvest the $ETH-yields, first by trading half to $GMX on @traderjoe_xyz and staking that on @GMX_IO.
Now, for purchasing $GLP, the fees table says the $UNI-swap (eheh 'UNI-swap,' ... geddit? ;) has the cheapest fees, but, it turns out, I buy more $GLP with $ETH, than if I swapped the $ETH to $UNI and bought $GLP with that.
Go figure.
I purchase $GLP, which autostakes it.
On the @demexchange-side, nither Nitron nor Earn yields are ready to be harvested. Not yet.
I, as a rule, collect yields when they are over $10.
Whither cGLP?-contest, day 4/30, 2023-03-04
- @arbitrum @GMX_IO, start: $973.37 , gain (or loss): -3.50%
- @0xcarbon @demexchange, start: $961.13 , gain (or loss): -2.96%
Can the $cGLP gains (both APR and APY) beat out the $GLP gains by 25%? STAY TUNED!
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