$BTC wanna be start'n sumthin'! 😎
Okay, let's do the ETHBTC-THANG!: see if there's any swap(s), do those, and report where we're at.
First off, I record the { $ETH, $BTC }-prices from @Levana_protocol.
$BTC's flyin' so high, I think the FTC would require it take on airline stewardesses now, by law! 😳
ETH/BTC-ratio says $BTC -> $ETH swap, so, let's compute that by incorporating it into my SPREADSHEETSZORXEN!
ETHBTC-computer created, and it says:
- SELL 0.002950 BTC for 0.05148 ETH ($166.13)
Let's do that. I have some dry powder in the form of $axlUSDC, $USK, and $KUJI, so I use that instead of trading away $BTC.
But that transaction fee of 0.2 $KUJI??? Anybody else seeing this?
I eventually settle on the $USK -> $wETH -trade because that order book has the lowest priced $ETH
...and a respectable amount of volume (141.78k, one of the top-5 order books).
2024-02-28 ETHBTC Trading portfolio report
incept date: 2024-02-28 (today!)
0.7521 wETH @ $3,402.81-per: $2,559.27
0.0052 wBTC @ $61,258.59-per: $320.21
$3,364.29 dry powder reserves
$7,421.09 actively traded on FIN
initial investment: $13,664.85
current valuation: $13,664.85
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