Friday, January 12, 2024

My @SumoKuji vault report, 2024-01-12

"Buy the dip," they sez.

But how does one buy the dip?



I bought $NSTK on a YUGE dip on the @TeamKujira FIN NSTK/MNTA board using catch-all orders.

If I sold back now (I won't) I'd make 20% profit, folks.



3 buy catch-all orders hit for me on @TeamKujira FIN NSTK/MNTA.

I review what catch-all orders are, claim the filled orders, and place 3 new ones, showing how I stagger  bids to 'catch' the best prices.

I move the claimed $NSTK to my @SumoKuji vault addy.



I suppose that means now is the time to run my Sumo report. 

My @SumoKuji vault report, 2024-01-12







current value: $5,362.04
still to acquire: $3,635.81
vault target value: $94,629.94

According to my report valuation of tokens, the following tokens are undervalued to their target:



  • $KUJI, $LUNA, $FUZN, $ROAR

Do with that what thou wilt.

Now, the @SumoKuji vault approach is HODL, to be sure, but assets can be actively H(e)DL while not exposing them to, say, impermanent (that becomes permanent) loss of an LP.

One way to grow an asset is as an LSD, like I'm doing by bidding on $qcKUJI on @TeamKujira FIN. 



Another approach is to lend the assets to @TeamKujira Ghost, their money market protocol. 

For example, I could lend my $STARS (once I burn the minted $USK) on Ghost with a current APR at 119%! 😱



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