Monday, January 22, 2024

My @SumoKuji vault report, 2024-01-22

A $NSTK buy catch-all order hit on @TeamKujira FIN.




I claim the $NSTK, replace the catch-all orders, then send the $NSTK to my vault addy.



I suppose that means it's time for a @SumoKuji vault report, yes?

My @SumoKuji vault report, 2024-01-22


prediction tweet: https://twitter.com/logicalgraphs/status/1735017430181642601
archive: http://logicalgraphs.blogspot.com/p/sumo-vault.html
SPREADSHEETSZORXEN! https://docs.google.com/spreadsheets/d/1X9jYUW5__RLKpd9kvoUEl70cm3FnYYPdyc9R-PTVEbg/edit?usp=sharing





current value: $4,603.08
still to acquire: $4,394.76
vault target value: $94,629.94

  • undervalued tokens, 2024-01-22, as per vault-metrics: $KUJI, $LUNA, $NSTK, $ROAR, $FUZN, $MNTA
Okay, to business! The first thing I do is to reclaim my $FUZN from @Fuzion_App, then swap them to $qcFUZN on @Quark_Protocol. 




n.b.: Fees are 0.25 $KUJI to mint $qcFUZN on @Quark_Protocol. That's pretty high for a transaction-fee! 

Next I mint 24 $USK on BLUE against $LUNA (at 1% APR) to repay $USK borrowed against $KUJI (at 20% APR). 




I then place all my $KUJI (except reserves) on a buy-order on @TeamKujira FIN for $qcKUJI at 1.00551-per, which is a better price than @Quark_Protocol's 1.01374-per. 




My intent here is to arb KUJI on this board. Let's see how this goes.

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