Let's do the ETHBTC-THANG!
I record the prices of $ETH and $BTC from @Levana_protocol and the $ADA price from @Indigo_protocol.
The EMA20 indicators show strong swap $ADA for both $iETH and $iBTC.
In preparation of the $BTC -> $ETH swap, I transfer $BTC from @Levana_protocol to @TeamKujira (via @axelarnetwork), then transfer my accumulated $BTC and $ETH to my ETHBTC wallet.
2023-12-13 ETHBTC-THANG! Day 199
The ETHBTC-THANG!
- swap 0.00300 $BTC
After swap:
ETH: 4.79988 BTC: 0.0000
Total: $10,838.03 TVL EMA-20:
n.b.: TVL EMA-20 indicates that ETHBTC, itself, is cruising!
ROI: -1.49% APR: -2.73%
The ETHBTC-THANG! says swap 0.003 $BTC for $ETH, so I start that process by placing a buy limit-order of $wBTC for $axlUSDC on @TeamKujira FIN.
This is my ETHBTC wallet.
Looks good, right? Well: no.
- It doesn't reflect the ETHBTC-THANG!'s numbers.
- The $ETH is just sitting there.
- is a work in progress. We'll reach parity eventually.
- Ghost is paying 15% on lent $ETH, 4x that of $wstETH. Let's lend to Ghost.
Indigo
Recall that $ADA -> { $ETH, $BTC } is favorable, and that $BTC -> $ETH is favored, so!
Let's collect the $ADA, starting with its derivative, $INDY, from @Indigo_protocol.
I harvest the $INDY and swap it to $ADA.
Now I harvest the $ADA from $iETH and $iBTC (but not $iUSD, as I don't harvest less than $10), swap all the $ADA to $iETH and stake it on @Indigo_protocol.
No comments:
Post a Comment