Sunday, July 30, 2023

2023-07-30 ETHBTC-THANG! Day 63

2023-07-30 ETHBTC-THANG! Day 63

The ETHBTC-THANG! 






  • swap 0.0172 $BTC

After swap:

ETH: 5.34659
BTC: 0.00010

Total: $9,985.44

I do ye ol' ETHBTC-thang!:

  1. withdraw the $BTC from @TeamKujira Ghost Lend


  1. bridge to @osmosiszone via Satellite (you're welcome Satellite)


  1. swap $BTC -> $ETH


But let's pause there and take stock.

Does the ETHBTC-thang! actually work? How do we measure that? 

We measure it thusly: with good record-keeping.



  • Yesterday, I traded 0.267176 $ETH for some $BTC
  • Today I traded that $BTC back (minus ε of the bridge fee from Satellite) for 0.26757 $ETH.

That is to say, today I traded slightly less $BTC back for slightly more $ETH.

It works.

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