Valuation, Optimism by Protocol: 2023-04-28

Is it okay to admit that I had $ETH long and short positions running on @optimismFND @UniDexFinance, ... that I forgot about? 😅

My $ETH 5xLONG position popped, so I close that.

2023-04-24 entry: 400 $DAI, $1832-per

2023-04-28 exit: 455 $DAI, $1888-per

ROI: 14%; 1.3k% APR

I immediate reopen the $ETH 5xLONG position on @optimismFND @UniDexFinance. 

2023-04-28 entry: 400 $DAI, $1886-per

What do I do with the gains (in $DAI)?

Half I deposit into the $DAI-pool on @optimismFND @UniDexFinance, earning 42% APY. 

The other half, 28 $DAI, I was going to convert to $ETH on @optimismFND @KyberNetwork?

The swap fees are $3.59.

Eff. that.

Ethereum blockchains: L1 or L2, they think gas grows on trees, or something like that. 

@KyberNetwork and @optimismFND, do you want to justify this?

Furthermore, when I try to bridge my $DAI off @optimismFND using @CelerNetwork, it doesn't recognize the token?

@CelerNetwork: why can't I bridge $DAI, one of the highest market-cap tokens in the world, off @optimismFND to none of @arbitrum, @FantomFDN, nor @avax?

Seriously. 

Okay, so: I settle for depositing the remaining $DAI gains into @UniDexFinance $DAI-pool.

So, I'll accumulate all this $DAI on @optimismFND, and it's stuck there because of high transaction fees on swaps and no bridging options?

Great. That's just, ... great. 

Valuation, Optimism by Protocol: 2023-04-28

Invested: $8,164.45

value: $6,715.96

ROI: -17.74%