Saturday, October 14, 2023

2023-10-14 ETHBTC-THANG! Day 139

Let's do the ETHBTC-THANG!

I collect the $ETH and $BTC prices from @Levana_protocol and record them onto my spreadsheetszorxen?!? <<- a tired SPREADSHEETSZORXEN!! I'm thinking, maybe? 




2023-10-14 ETHBTC-THANG! Day 139








  • no swap; no BTC available


ETH: 5.21452 BTC: 0.0038

Total: $8,225.40 TVL EMA-20:
n.b.: TVL EMA-20 indicates that ETHBTC, itself, is cruising!

ROI: 2.31% APR: 6.06%

Let's return to the ETHBTC-THANG! for a moment.

My sell-order hit on @TeamKujira FIN wBTC/USK board, so, in short order, I buy $KUJI with the $USK, then, right away, place a buy order for $wETH with the claimed $KUJI.





Here's the neat thing. [wait for it].

Here's the neat thing:

The original trade was:



  • 0.00235 $wBTC -> 0.03885 $wETH

But now, for the same amount of $wBTC, I'm going to get:



  • 0.0414 $ETH, or 6.57% more!!! 💥

THAT's the power of limit orders, folks.

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