2023-10-02 ETHBTC-THANG! Day 127

Let's do the ETHBTC-THANG!

I pull the $ETH and $BTC prices from @osmosiszone and record them onto my SPREADSHEETSZORXEN!

Do you see that huge swing of the ETH/BTC-ratio?

Yeah. We're selling $BTC for $ETH today. 😢

Now, my 😢 is telling.

I should have no feeling that I'm selling all my (overpriced) $BTC for (underpriced) $ETH, and simply trade one for the other as the ratio and EMA20 guides, ...but here I am, being sad.

I should rename these coins to $BLOOP and $FLOOP so I won't care, no?

2023-10-02 ETHBTC-THANG! Day 127

The ETHBTC-THANG! 

• swap 0.00851 $BTC

After swap:

ETH: 6.45640 BTC: 0.0073

Total: $10,928.96 TVL EMA-20: $9,684.73

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

ROI: 3.65% APR: 10.49%

Okay, so I need 0.008 $BTC to swap to $ETH. I get that from two sources:

1. pulled from @TeamKujira Ghost (my reserve)

2. leased from @NolusProtocol after a spike

I bridge the funds, then I swap on FIN where $wBTC is priced highest.

Fortunately, the lowest priced $wETH is found on the wETH/axlUSDC @TeamKujira FIN board, 

...so the trade path from $wBTC -> $wETH is a straightforward one:

• $wBTC -> $USK -> $axlUSDC -> $wETH

C'ya tamarrah!*

*You did not know 'tomorrow' had only 'a's as vowels.

Now you do.