Wednesday, December 13, 2023

2023-12-13 ETHBTC-THANG! Day 199

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








  • 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.

  1. It doesn't reflect the ETHBTC-THANG!'s numbers.
  2. The $ETH is just sitting there.

  1. is a work in progress. We'll reach parity eventually.
  1. 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. 





2023-12-13 Indigo portfolio


incept date: 2023-07-28





invested: $4,465.58

$iBTC: 0.0133 $569.07
$iETH: 0.7211 $1,628.14
$iUSD: 2,968.97 $2,968.97
value: $5,166.18

total fees $53.148
total yields $444.613
net yields $391.465

APY: 23.02%
ROI: 24.46%
APR: 64.22%

No comments:

Post a Comment