Sunday, September 24, 2023

2023-09-24 ETHBTC-THANG! Day 119

Let's do the ETHBTC-THANG!

I record the prices for $ETH and $BTC from @osmosiszone onto my SPREADSHEETSZORXEN 




which tells me to 

  • SELL $BTC! to BUY $ETH! (from the EMA20 vs. ETHBTC-ratio).


And I realize I have the requisite $BTC to swap in a minting position, so I close that.



2023-09-24 ETHBTC-THANG! Day 119



  • swap 0.00740 $BTC

After swap:
ETH: 5.84706 BTC: 0.0037

Total: $9,347.50 TVL EMA-20: $9,224.21
n.b.: TVL EMA-20 indicates that ETHBTC, itself, is overvalued.

ROI: 4.03% APR: 12.36%

The ETHBTC-THANG! says 'swap 0.0074 $BTC,' so I look for the order book with the highest-priced $BTC. That would be wBTC/MNTA, so I place the sell order there.



Following the highest-priced sells and lowest-priced buys, my gantt chart looks like:

  • wBTC,MNTA,KUJI,axlUSDC,USK,wETH

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