Daily Fantom Blockchain position report, 2023-04-24

$FTM took a dip, so I closed my 5xSHORT, locking in profit.

2023-04-21 entry: $0.45-per, 500 $USDC

2023-04-24 exit: 635 $USDC

ROI: 27%

annualized to 3077% APR

I immediately open a new 5xSHORT, because:

What goes down, keeps going down,

... until you place a short, lulz. 🙄

And that's why I also have a corresponding long open, too. 😈

2023-04-24 $FTM 5xSHORT entry: $0.41-per, 500 $USDC

Time to enact the bag-enBUIDLn protocol.

With the gains from the short, I put half into the @UniDexFinance $USDC-pool at 40% APY, then swap the remaining gains to $FTM on @beethoven_x and put that into the $FTM-pool at 71% APY.

In the future, I'm going to start BUIDL'n @beethoven_x LPs, particularly the Late Quartet 

... and, when I start leveraging $LINK, the Tubular Bells, 

because Mike Oldfield 

... and $LINK liquidity bag, but mostly because of Mike Oldfield.

Which brings us to the @FantomFDN daily report.

Daily Fantom Blockchain position report, 2023-04-24

invested: $28,844.69

valuation: $26,718.11

ROI: -7.37%

Liquidation

BOOM! 💥

And I think* I got liquidated on a $FTM 5xLONG position with 1,200 $FTM collateral-loss ~$644.

I say I think* because it doesn't tell you; your position just goes away.

So, gains-to-date: $3,600, losses: $644, which I am writing off, and I can live with this. 😊