Article inspired from a question by Hashimoto.
First off: where?
Kujira.
Second off: how to get $BTC to Kujira?
I use wrapped $BTC, which is actually via @axelarcore.
How that shows up is that I swap my $BTC elsewhere for X (usually $USDC), then immediately bridge that to CØSMOS/Osmosis, then swap that back to (wrapped) $BTC on @osmosiszone.
I then IBC that wrapped $BTC to @TeamKujira.
Third off: How to grow $BTC?
There are several 'best' ways to grow (wrapped) $BTC on CØSMOS.
Let me count the ways.
- 無 arb $wBTC
- δneutral on @NolusProtocol
- δneutral on @Levana_protocol
- Then straight-up arb'n $wBTC on FIN.
Now, $wBTC IS earning 3.5% on @TeamKujira Ghost rn,
...and, 3.5% on $(w)BTC is fabulous, ... elsewhere.
But you've seen that I can make 3.5% in my sleep, and I often do that. So: yes! I have $wBTC in Ghost, but that's my parking lot.
ETHBTC-THANG!
The biggest attack to grow both $BTC and $ETH that I'm pursuing, presently, is the ETHBTC-thang.
It works with the liquidity you (already) have. It grows $BTC AND it grows $ETH at the same time.
I'm liking the ETHBTC-THANG!
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