2023-07-30 ETHBTC-THANG! Day 63
The ETHBTC-THANG!
- swap 0.0172 $BTC
After swap:
ETH: 5.34659
BTC: 0.00010
Total: $9,985.44
I do ye ol' ETHBTC-thang!:
- withdraw the $BTC from @TeamKujira Ghost Lend
- bridge to @osmosiszone via Satellite (you're welcome Satellite)
- swap $BTC -> $ETH
But let's pause there and take stock.
Does the ETHBTC-thang! actually work? How do we measure that?
We measure it thusly: with good record-keeping.
- Yesterday, I traded 0.267176 $ETH for some $BTC
- Today I traded that $BTC back (minus ε of the bridge fee from Satellite) for 0.26757 $ETH.
That is to say, today I traded slightly less $BTC back for slightly more $ETH.
It works.
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