2024-01-31 ETHBTC-THANG! Day 248

Let's do the ETHBTC-THANG!

I record the $ADA price from @Indigo_protocol and the $ETH and $BTC prices from @Levana_protocol 

The EMA20 indicators show the swap, either way, for { $ETH, $BTC } <-> $ADA are meh, so we do nothing there today.

The "Purchase $ADA or swap $ADA to either $ETH or $BTC or both"-calculator also says 'meh' for today, so we're good on the @Indigo_protocol-side.

2024-01-31 Indigo portfolio

incept date: 2023-07-27

0.01228 $iBTC: $534.68

0.7104 $iETH: $1,655.71

2,643.25 $iUSD: $2,643.25

830 $ADA: $425.64

total fees $63.63

total yields $619.10

net yields $555.47

24.15% APY

invested: $4,465.58

value: $5,259.29

ROI: 8.24% / 16.00% APR

2024-01-31 ETHBTC-THANG! Day 248

The ETHBTC-THANG! 

• swap 0.00425 $BTC

After swap:

ETH: 4.07638 / BTC: 0.0893

Total: $13,390.48 / TVL EMA-20: $12,638.27

n.b.: TVL EMA-20 indicates that ETHBTC, itself, is cruising!

ROI: 1.65% / 2.42% APR

BTC -> ETH

Okay, trade 0.00425 $BTC for $ETH, but swap or lease?

Let's look at the ETH/USD EMA20 chart.

The recommendation is to swap, so that's the way I go. I withdraw the $BTC from @TeamKujira Ghost then place a sell limit-order on FIN, this time for $MNTA (as that's the best price).

Meanwhile, my previous day's order

• BTC -> KUJI -> ... ->  ETH

hits. 

I claim the $KUJI and see that KUJI -> wETH is reasonable, so I place that buy-order. 

Finally, there's the $ETH-arb on the @TeamKujira FIN wstETH/wETH order book. I buy some $wstETH at 1.146 with $wETH: a bargain.

I place that claimed $wstETH right back on sale at 1.37-per. When that order's filled, that'll be a 20% ROI.

Sweet!