Saturday, May 18, 2024

2024-05-18 ETHBTC report

Let's do the ETHBTC-THANG!

First off, I'm going to hold off harvesting yields on @Indigo_protocol until I have a significant liquidated $ADA claim or when $INDY yields are a viable amount. 


ADA arbitrage

For SNEK/ADA-EMA20, $SNEK 'boop'd up, calling for a SELL.



Let's see what that looks like. 

I swap back 87k $SNEK for 201 $ADA from at swap on

  • 2024-04-08 178 $ADA -> 87k $SNEK



ROI: 12.57%; 114.71% APR

Next, I swap back 100,231.00 $SNEK for 233.075143

from a swap on

  • 2024-05-10 220 $ADA -> 100,231 $SNEK


ROI: 5.58%; 254.81% APR

The ROI was much smaller, but the turn-around time for this pivot-arb was sweet!

I have one more outstanding pivot, but the ratio-EMA20 δ needs to be higher for me to be profitable on the swap-back, so I bide my time here. No worries.

For ADA/{BTC,ETH}-EMA20s, the $BTC-call is HODL, but for $ETH we have a SELL-call.


So, I swap 208 $ADA (~$100) to $iETH on @MinswapDEX then stake that $iETH onto @Indigo_protocol stability pool.




2024-05-18 ETHBTC report 


incept date: 2023-07-27 






0.00960 iBTC $641.90 
0.6695 iETH $2,083.69 
iUSD $2,058.04 
3254.075 ADA $1,565.21 
183850 SNEK $192.67 

fees $106.53 
yields $1,427.47 
net $1,320.95 
36.48% APY 

invested: $4,465.58 
value: $6,541.51 
net: $2,075.92 

ROI: 46.49% 57.32% APR 

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