Folks, I didn't do the ETHBTC-THANG! yesterday because @TeamKujira blockchain was down.
For that, I have sadness. 😭
BUT TODAY! LET US ETHBTC-THANG! FOR MUCH HAPPINESS AND JOÏE! 😊
I enter the quotes for $ETH and $BTC, then the SPREADSHEETSZORXEN! sez:
- swap 0.0126 $BTC
So, let's do that!
I do the ETHBTC-THANG!
- I bridge 0.0126 $BTC to @osmosiszone via Satellite
- I swap the $BTC to $ETH on @osmosiszone
- I bridge the $ETH back to @TeamKujira via IBC
So now I have $ETH, bought with $BTC, at a 'discount' because of the ETHBTC-ratio.
From yesterday's 無-arbs I have EXCESSIVE amounts of $BTC and $ETC (I. wish. 🙄), so, on the $BTC-side, I lend 3 days' worth to Ghost (0.035), and with the rest (0.0214), I mint 190 $USK.
That $USK goes to a 無 $BTC arb on axlUSDC/USK FIN as a buy-order at 0.9577-per.
I do the same thing for my $ETH.
- I lend 0.13 $ETH to @TeamKujira Ghost
- I mint 1,100 $USK on BLUE from 2.216 $ETH collateral
- I place that $USK as a buy-order on FIN for a 無 $ETH arb
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