Friday, August 18, 2023

2023-08-18 ETHBTC-THANG! Day 82

Let us do the ETHBTC-THANG!

2023-08-18 ETHBTC-THANG! Day 82







  • swap 0.2674 $ETH

After swap:
ETH: 5.08074
BTC: 0.01729
Total: $8,823.63
TVL EMA-20: $9,828.65

n.b.: TVL EMA-20 indicates that ETHBTC, itself, is undervalued.

This is the first time in a while (19 days), that I will be trading one asset for the other.

Maybe I should trade at 1% NAV? Something for me to ponder.

Anyway, I'm called to swap 0.2674 $ETH.

Before I do that, I collect $wETH and $wBTC from @TeamKujira FIN and ORCA. 





One special shout-out in all this amazingness is my $wstETH liquidation claim:



0.02 $wstETH for 27.82 $USK @ $1,253.6614-per
29.29% premium?!?!?!!!

Translating that back to $ETH, that's $1,103.0967-per.

d-mn. 😱

I immediately place it on the wstETH/wETH @TeamKujira FIN board.



So, I collect the 0.2674 $ETH to swap on @TeamKujira, transfer the $ETH to @osmosiszone via Satellite, swap the $ETH to $BTC, then transfer the $BTC back to @TeamKujira via IBC. 






I lend that $BTC to @TeamKujira Ghost, 



...and I call it a night.

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