2023-08-04 ETHBTC-THANG! Day 68

2023-08-04 ETHBTC-THANG! Day 68

The ETHBTC-THANG! 

• swap 0.0000 $BTC (no swap)

After swap:

ETH: 5.34815
BTC: 0.00000

Total: $9,801.50

Indigo iETH purchase and stake

Okay, this is another day where $ETH is undervalued vis-à-vis $BTC, but I have no $BTC to swap to $ETH.

This means, instead of doing a swap, I'll go to @Indigo_protocol and straight-up purchase then stake $iETH there.

Let's do it.

I've covered one way to move liquidity to @Cardano here.

So, I do that, then I purchase ~$100-worth of $iETH on @Indigo_protocol and stake that amount (plus the previous purchase), harvesting 7.5 $ADA yield (on 4 $ADA fees, so: ~$1).

Currently the yields, be they in $INDY or in $ADA, aren't interesting to me at present. They may become so eventually.

What I am interested in is my portfolio value and composition on @Indigo_protocol, and for this I have a reportszorxen WITH CHARTS!

It's a start.

2023-08-04 Indigo portfolio

Basis: $325.64

$iBTC: 0 $0.00

$iETH: 0.154604 $283.34

$iUSD: 0 $0.00

value: $283.34

total fees $4.704

total yields $2.228

net gain/loss -$2.476

APY -50.76%

ROI: -13.75%

APR: -627.34%