HELLO, FRENZ! I LOVE YOU! AAAAH!
I get a wee bit enthusiastic, sometimes.
Narrator: Yeah: 'sometimes.' 🙄
me: Hush, narrator.
LET'S DO THE ETHBTC-THANG!
First off, I record the $BTC and $ETH prices from @osmosiszone onto my SPREADSHEETSZORXEN.
Narrator: "wee bit." Cha. Rite.
2023-08-30 ETHBTC-THANG! Day 94
The ETHBTC-THANG!
- swap 0.00257 $BTC
After swap:
ETH: 4.44551 BTC: 0.0705
Total: $9,439.92 TVL EMA-20: $9,433.68
n.b.: TVL EMA-20 indicates that ETHBTC, itself, is overvalued.
ROI: 5.18% APR: 20.13%
I do the BTC-ETH swap, transferring $BTC to @osmosiszone via Satellite, swapping, then transferring the liquidity-as-$ETH back to @TeamKujira via IBC. EASY-PEASIES!
Since the EMA20-TVL tells me ETHBTC is 'overvalued' (it's not. It never will be), I come to rest here.
THE. END.
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