2024-02-22 Kujira ORCA portfolio report

Let's do housekeeping on my @TeamKujira ORCA addy.

First up, my $stATOM sell-order hit on FIN, a full $1 over market price. YUS! 

The $USK is targeted for liquidation bids on ORCA, and lending to Ghost until I can burn one of my $USK minter-positions on BLUE. 

I lend that $USK to @TeamKujira Ghost, where I do not mind, at all, earning 50%+ APR.

By the way, some of the Ghost lend APRs are JUICY rn: earning 4% on my gold, $gPAXG, and feelin' foine. 😎💰

Okay!

I had a 2.8 liquidated $ATOM bid hit for 30 $USK on @TeamKujira ORCA.

I claimed the $ATOM at $10.45-per, but the market price is $9.8701-per.

Ugh.

That's how the ball bounces.

No problem: I place a sell limit-order at $11.499-per, and convert the rest to $stATOM.

Why am I so unconcerned about this buying liquidated $ATOM at a higher price than current market valuation?

Because I'm playing the long-game. I don't need the money today, so I can afford to wait on an out-there limit order to make a profit eventually. 

Wrapping up the report.

My $stATOM bid hit on @TeamKujira FIN, so I lend that to Ghost, growing my $stATOM-bag. 

You're probably wondering why I post lending 0.16 $stATOM, eh?

That's 0.16 $stATOM that I got via ORCA-arbitrage, or, put another way: FO' FREE!

That's the magic I conjure with this portfolio: I'm BUIDL'n my bags here with arbitrage, again: FO' FREE, folks! 😎

2024-02-22 @TeamKujira ORCA portfolio report

(re)incept date: 2024-02-17

starting liquidity: $3,469.77

# active bids: 32

$103.01 Ghost & HODL

$188.736 FIN

$40.64 reserves

$1,057.00 BLUE mints

$2,121.46 ORCA bids

accumulated fees: -$6.70

$3,504.15 total

ROI: 0.99% / 72.3% APR

2024-02-22 @TeamKujira ORCA portfolio: muh BAGz! on Ghost

12.2607 xUSK $13.85

0 xLUNA $0.00

1.6591 xwFTM $0.68

0.9861 xstATOM $12.44

18.615582 xaxlUSDC $20.48

0.0205 xgPAXG $43.05

2.684059 qcMNTA $2.30

2.441651 qcKUJI $10.211

total: $103.01

New Bids

HOWEVER! I notice that there are some liquidation markets I don't have a toe-in, so to speak, specifically: $wBTC, $wstETH, and $LUNA and $ATOM, as the last two I claimed liquidation bids there, clearing those queues.

So, I withdraw $USK from @TeamKujira Ghost to place new bids.

Then I go bid in those @TeamKujira ORCA liquidation markets.