Let's turn our attention to the ETHBTC HODL portfolio on @Indigo_protocol (as opposed to the ETHBTC trading portfolio on @TeamKujira).
First up, I get the $ADA and $SNEK prices from @Indigo_protocol and @MinswapDEX, but look at the liquidations.
HAHAHAHA! $iUSD STAKE PAID OFF!
So, let's collect the yields and staking-rewards. First up, the $INDY-yields. I collect the yields and swap to $ADA.
And, since the price of $ADA is depressed, I 'know' the EMA20 will recommend ADA/USD buy, so I place a buy limit order on "the based coin."
As you see, the buy limit-order fills, and with a vengeance!
I suppose that's what happens when $BTC tumbles down the stairs!
I transfer the $ADA from my 'based coin'-addy to my @Cardano-one.
Next, the staking-rewards from synthetic asset liquidations. I collect those.
That's $110 in a month or two, or an 50% APY for the $iBTC-stake and 20% APY for the $iUSD-stake.
Which is PRETTY AWESOME!
Trading
So, first the ADA/USD EMA20 says, as I thought: "Buy!"
The $SNEK ratios { SNEK/USD, SNEK/ADA }-EMA20s also say: "Buy!"
So, I use the SNEK/ADA-calculator on my SPREADSHEETSZORXEN! to compute how much I should swap.
It's a conservative swap, which is okay. I've made 50% in the ADA-SNEK-ADA-arb, so a 50% gain even over $30-worth is still a nice bene for simply swapping along the EMA20 indicator.
Along the ETHBTC-THANG! both { ADA/BTC, ADA/ETH }-EMA20s say "BUY $ADA!"
Which I won't do, as this is my HODL-portfolio.
Let's run the reports.
2024-03-19 ETHBTC HODL report
incept date: 2023-07-27
0.01222 iBTC $789.58
0.7101 iETH $2,351.97
iUSD $2,195.45
1780.940 ADA $1,061.44
183850 SNEK $260.52
fees $95.21
yields $868.01
net $772.80
26.77% APY
invested: $4,465.58
value: $6,658.96
net: $2,193.38
ROI: 49.12% / 75.97% APR
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