Let's do the ETHBTC-THANG!
2023-06-29 ETHBTC-THANG! Day 32
- swap 0.0127 $BTC
ETH: 3.48411
BTC: 0.03923
Total: $7,605.85
The thing is, I don't have 0.0127 $BTC available on @TeamKujira Ghost, but I do have that available on BLUE, minting $USK.
WAT DO?
I 'unlend' 96 $USK from Ghost and burn that amount on BLUE, withdrawing the necessary $wBTC from the collateral.
I note this on my 無 $BTC arb.
I bridge the $BTC from @TeamKujira to @osmosiszone via Satellite, swap to $ETH on @osmosiszone, then bridge back to @TeamKujira via IBC.
- 0.0127 $BTC -> 0.2084 $ETH
I wonder if there's a more favorable (as well as viable) BTC <-> SWAP on @cosmos. 🤔
So now I have $ETH back on @TeamKujira and I also have the $ETH recovered from the last 無 $ETH arb.
WAT DO?
Let's set up another 無 $ETH arb, shall we?
I mint 200 $USK from the 0.4253 $ETH combined. With that $USK I place a buy-order on axlUSDC/USK FIN.
THAT DO!
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