2023-12-27 ETHBTC-THANG! Day 213

Well, HELLOOO there, $ETH and welcome back, $BTC.

Let's do the ETHBTC-THANG!

I record the $ADA price from @Indigo_protocol and the $ETH and $BTC prices from @Levana_protocol.

The EMA20s say the $ADA -> { $ETH, $BTC } swaps are good. 

2023-12-27 ETHBTC-THANG! Day 213

The ETHBTC-THANG! 

• swap 0.04218 $ETH

After swap:

ETH: 4.77233 BTC: 0.0023

Total: $11,413.94 TVL EMA-20: $11,153.45

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

ROI: 0.68% APR: 1.16%

This ETHBTC-THANG! report is significant for two reasons:

1. This is the first time in a while that the ROI is net δ+
2. This is the first time in a LONG time that we are swapping $ETH -> $BTC, and with the ETH/BTC ratio so low, that swap is GOOD! 

I sell $ETH for $KUJI on FIN.

"Now, why, el geophf, do you sell $ETH for $KUJI and not directly to $BTC?" you may ask.

Fair question.

• There is no ETH/BTC board on  FIN. A problem I hope, one day, @TeamKujira fixes.
• $ETH's highest ask is for $KUJI.

Sell high; buy low.

I'm selling $ETH high.