Saturday, February 17, 2024

2024-02-17 Kujira ORCA liquidation bid-review

I had no @TeamKujira ORCA liquidation bids hit.

Am I disappointed? Yes
Do I know what to do? Yes: I review each liquidation bid and rebid it appropriate to its liquidation market.

ALSO: with the resized collateral, I bid $KUJI with $xUSK that I get by depositing $USK into Ghost.



I see there's some activity in the KUJI/xLUNA @TeamKujira ORCA marketplace that looks interesting to me.


I pull some $LUNA over from my main addy, deposit it into Ghost, then bid $KUJI with $xLUNA on ORCA.






Similarly, I've never consider the stable markets on @TeamKujira ORCA before, but I see that the USK/xKUJI and USDC/xKUJI markets are active there, so I send some $KUJI from my main addy, deposit that to Ghost, which I then use to bid in those stable markets on ORCA.






Speaking of stables, ...

With the liquidity from redistributed bids on @TeamKujira ORCA, I have $USK on hand. I swap to other stables: $USDC and $axlUSDC to bid on liquidated $KUJI (as my report says $KUJI is le token de guerre on ORCA these days).




I lend both to Ghost.



With the stable coins lent to Ghost, I bid on liquidated $KUJI on @TeamKujira ORCA. 



One more thing.

I have some $USK remaining. I could deposit it into Ghost for an $xUSK bid on $KUJI, but I already have one.

Instead, I see the stable USK/xSTARS market on @TeamKujira ORCA. So, I burn some $USK against my $STARS mint on BLUE, lend the $STARS then bid on $USK.






After the dust settles, these are my @TeamKujira bids.



Let's analyze my positions.

2024-02-17 @TeamKujira ORCA Bids




31 active bids
Total bid ($): $2,037.35

2024-02-17 @TeamKujira ORCA portfolio: muh BAGz! (HOLD and on Ghost)




12.2607 xUSK $13.73
12.624022 xLUNA $8.96
1.6591 xwFTM $0.66
0.8240 xstATOM $10.80
18.615582 xaxlUSDC $20.29
0.0205 xgPAXG $42.80
2.684059 qcMNTA $2.21
2.441651 qcKUJI $9.269

total: $108.73

2024-02-17 @TeamKujira ORCA portfolio report





(re)incept date: 2024-02-17
starting liquidity: $3,469.77
# active bids: 31

$108.73 Ghost & HODL
$235.977 FIN
$36.89 reserves
$1,057.00 BLUE mints
$2,037.35 ORCA bids

accumulated fees: -$6.18

$3,469.77 total

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