Okay, 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 saying $ADA <-> $BTC is a toss-up and that $ETH -> $ADA is a good swap: $ADA is underpriced vis-à-vis $ETH.
From my previous report, I have $KUJI in hand from an $wETH-sale (for an $ETH -> $BTC swap). I check $BTC prices and $axlUSDC is the lowest price for $BTC so I sell my $KUJI for $axlUSDC: 1080.
Wow!
2024-01-16 ETHBTC-THANG! Day 233
The ETHBTC-THANG!
- no swap; no ETH available
After swap:
ETH: 4.11717 BTC: 0.0864
Total: $14,278.78 TVL EMA-20: $12,006.98
n.b.: TVL EMA-20 indicates that ETHBTC, itself, is cruising!
ROI: 6.20% APR: 9.71%
When I say "no $ETH available," that's not inaccurate, but that's also not the whole story, as I traded my $ETH for $wstETH to use as collateral to mint $USK.
That's not in the cards right now, so I'm going to proceed thusly: 1) trade $wstETH for $ETH, 2) swap $wstETH to $BTC
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