Now, for something completely different, let's visit the CØSMOS blockchain @cosmos and incorporate what I've got there into my SPREADSHEETSZORXEN!
We're (re)starting from scratch, here, folks.
Osmosis
Firstly, I break apart the stOSMO-OSMO LP after unstaking it 2 weeks ago. Then I swap the $stOSMO for $OSMO.
On a $170 investment, I doubled it, thanks to $OSMO's 🚀 price-movement.
It's not all good news: I lost $1,000s on $OSMO LP pairs, including $wBTC and $wETH LPs. ick. ðŸ˜
Next, I withdraw liquidity from stJUNO-JUNO LP.
@JunoNetwork was supposed to be this big, breakout, zone on @cosmos. Maybe one day it will be.
Today is not that day.
I sell the $stJUNO and $JUNO for $OSMO and record a 65% loss.
Why do I sell at a loss? Am I stupid?
Well, yes.
AND.
I believe I can make more money with this (reduced) liquidity elsewhere as opposed to HODL'n the $JUNO and hoping it goes up faster than any other play I make now.
That's my wager for this sell-at-a-loss.
I have a stEVMOS-EVMOS LP that I'm unstaking and will take a loss for in two weeks. @EvmosOrg was suppose to be the bridge between @cosmos and the @ethereum-world, ... and, ... it ... is? But what is its relevance, given @KAVA_CHAIN, @sommfinance, and bridges?
I don't know.
Levana
I do have two $LVN-LPs, LVN-OSMO and LVN-USDC, that are cranking out some pretty healthy yields! They stay.
I'm looking forward to two things with $LVN: the @TeamKujira FIN order books activating, so I have a lot invested in bootstrap funds, and $LVN staking on @Levana_protocol.
I'm also looking forward to seeing the $LVN business-case from @Levana_protocol. If that case is 'staking and LPs' then that definition is circular and doesn't make it unique, but if it's "$LVN amps funding fees" or something you can only do with $LVN, then that sets it apart.
Nolus
Now, @Levana_protocol has been BUIDL'n like crazy! You remember their list of assets at the start? And now?
Another protocol that's BUIDL'n is @NolusProtocol.
They had 5 assets you could lease at their start. Now it takes 3 screenshots to capture all the assets they lease!
I have my $NLS staked. Great!
$NLS has escaped its 'down only'-period and is hovering now around 6¢-per.
They have new developments around their leasing protocol that I can't talk now, because it was told to me in confidence, but when these new features hit, ...
Hoo! Baby! 😱
Stride
Finally, @stride_zone. I've used their LSD tokens quite a bit, which, along with staking LPs on @osmosiszone, has generated some $STRD, which I've staked.
3% APY isn't much, but then, the change in price of $STRD, itself (from 70¢-per?), has made this an interesting stake.
Before the new @cosmos portfolio report, I collect the LVN-USDC LP yields.
I also move all assets, $OSMO, $LVN, and $USDC, to where I can use them, that is @TeamKujira. For the $OSMO, I plan on using it as a pivot-asset to arb both $OSMO and $ATOM on my kujiatom addy. For $LVN, I'm bootstrapping the $LVN order book on FIN. The $USDC goes to Ghost at 14%
CØSMOS portfolio 2024-03-31
total net worth: $2,177.48
total invested: $377.54
total debts: $0.00
ROI: 476.76%
