2024-01-12 ETHBTC-THANG! Day 229

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 are interesting. 

Definitely a $ADA -> $ETH is favored, but there's no call on $ADA <-> $BTC.

This tells me to HODL for today.

2024-01-12 Indigo portfolio

incept date: 2023-08-06

invested: $4,465.58

$iBTC: 0.01228 $526.40

$iETH: 0.7104 $1,792.41

$iUSD: 2,963.58 $2,963.58

value: $5,282.40

total fees $55.017

total yields $617.129

net yields $562.112

APY: 27.19%

ROI: 30.88%

APR: 66.69%

Analysis

I'm not doing anything on @Indigo_protocol today. The transaction fees require a minimum of 250 $ADA to do anything and the accumulated $INDY isn't there yet, not even close, so the report (PT) is to track the portfolio flowing along with the underlying synthetic price-movement.

2024-01-12 ETHBTC-THANG! Day 229

The ETHBTC-THANG! 

• swap 0.27887 $ETH

After swap:

ETH: 4.67007 BTC: 0.0534

Total: $14,073.00 TVL EMA-20: $11,515.78

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

ROI: 5.22% APR: 8.33%

The BTC -> ETH swap

This is the role-swap that took FOREVER to come about, but now we're FINALLY, FINALLY swapping $ETH back to $BTC.

I do have enough-...ish $ETH to do a swap, but I have something even better that that, and that is: I have two $BTC -> $ETH swap IN PROGRESS that I can swap back.

The canceled transactions net me

129 $axlUSDC (0.059 $ETH) and

200 $USK (0.12739 $ETH)

That's not ... QUITE enough $ETH for the 0.27887 $ETH -> $BTC swap, so good thing we have some, you know, ACTUAL $ETH from trades that did complete, to wit:

0.04 $ETH from a $MNTA swap, ...

... and the remaining $ETH I need to trade (0.06 $ETH), I withdraw from Ghost lend, earning 10%,

which is a shame, until I see the APR on $BTC: 

22%

HOLY MAMA MEATZA BALLSAH! 😱😱😱

So, I have three disparate assets:

... wait.

I also have some $wstETH from $wETH I'm picking up, as well, should I decide to mint $USK with that wrapped-staked-$ETH.

Let's claim that FRIST! 

Given that I'm trading 0.28 $ETH at a pop, I may as well start arb'n back to $wETH from $wstETH. I do exactly this by placing a sell order at some Godly ratio of 1.3-oh-yaz-pleeese-me! 😎

If the $wstETH sells, it'll be a helluvan arb!

If it doesn't, I make the staked APR. 😎😎😎

So, as I was saying, I have:

• 200 $USK: I bid $BTC immediately on FIN

• 130 $axlUSDC: I bid $BTC immediately on FIN

• 0.1 $ETH: I swap to $KUJI, as that's the highest $wETH-sell-price, then I'll figure the best path to $BTC when that order fills.

I need 0.01641 $BTC in total.

One more thing: I had borrowed 0.05 $BTC against 1.5k $KUJI to arb on @Levana_protocol. That borrow is getting a wee bit tight, so I pay down some of that borrow.