2024-05-31 Indigo report

Let's do the ETHBTC-THANG! ... starting with @Indigo_protocol.

On the protocol, I have $INDY-yields and liquidated $ADA, but not enough to harvest yet, so I leave that be.

The SNEK/ADA-EMA20 says SELL, but, as I have no $SNEK, I chill. 

The ADA/BTC- and ADA/ETH-EMA20s are both BUY, but I'll let @Indigo_protocol's liquidation mechanism buy $ADA for me at a discount.

2024-05-31 Indigo report 

incept date: 2023-07-27 

0.00960 iBTC $648.86 

0.6629 iETH $2,512.33 

iUSD $2,060.25 

3706.060 ADA $1,664.02 

0 SNEK $0.00 

fees $107.96 

yields $1,427.47 

net $1,319.51 

34.90% APY 

invested: $4,465.58 

value: $6,885.46 

net: $2,419.88 

ROI: 54.19% 64.01% APR 

2024-05-30 Indigo report

Let's do the ETHBTC-THANG! ... starting with @Indigo_protocol. 

I have $INDY-yields and liquidated $ADA, but I'll wait 'til I have over $100-worth before I harvest this bounty. 

The SNEK/ADA-EMA20 says SELL, but I don't have any $SNEK, so I chill. 

The ADA/BTC- and ADA/ETH-EMA20s are BUY, but I'll let @Indigo_protocol's liquidation mechanism buy $ADA for me as liquidations occur.

2024-05-30 Indigo report 

incept date: 2023-07-27 

0.00960 iBTC $656.89 

0.6629 iETH $2,506.16 

iUSD $2,060.25 

3706.060 ADA $1,664.02 

0 SNEK $0.00 

fees $107.96 

yields $1,427.47 

net $1,319.51 

35.02% APY 

invested: $4,465.58 

value: $6,887.31 

net: $2,421.73 

ROI: 54.23% 64.27% APR 

Rebranding ETHBTC portfolio into Indigo portfolio and Blue Chip portfolio

I'm making a strategic rebranding: I'm renaming and splitting into two the ETHBTC portfolio into:

• the Indigo Portfolio

and 

• the Blue Chip portfolio.

I've been thinking about this shift for some time now, as neither are purely ETHBTC. This change takes effect now.

2024-05-29 ETHBTC Indigo report

Let's do the ETHBTC-THANG! ... starting with @Indigo_protocol.

First up: there are two new proposals concerning the (re)distribution of (unallocated) $INDY for stakers on the protocol.

Go vote!

I do have yields and liquidated $ADA to collect on @Indigo_protocol stability pool-stakes, but still not significant enough to harvest yet. I'll wait until I have over $100-worth of rewards to collect. 

SNEK/ADA-EMA20 says SELL, but I have no $SNEK, so I chill. 

Both ADA/ETH and ADA/BTC EMA20s say BUY, but this is a stake-n-HODL-portfolio, so I'll let @Indigo_protocol stake/liquidate mechanism get me $ADA from those staked synthetic assets when liquidations do occur. 

2024-05-29 ETHBTC Indigo report 

incept date: 2023-07-27 

0.00960 iBTC $647.10 

0.6695 iETH $2,511.04 

iUSD $2,058.04 

3708.460 ADA $1,672.52 

0 SNEK $0.00 

fees $107.96 

yields $1,427.47 

net $1,319.51 

35.13% APY 

invested: $4,465.58 

value: $6,888.69 

net: $2,423.11 

ROI: 54.26% 64.51% APR 

2024-05-28 ETHBTC Trading

Let's turn our attention to ETH/BTC pivot-trading.

The ETH/BTC-EMA20 says SELL, and I have $ETH to sell to $BTC.

Let's see how this plays out.

Before I do that, I claim $wstETH on @TeamKujira FIN at 1.16-per-$wETH, which is a good buy, as the exchange rate on @LidoFinance is 1.167.

I then place the very reasonable sell-order back on FIN at 11.1-per, as that's the lowest asking price. Eheh. 🔥😅

So! My ETHBTC-calculator says:

• ETH: 1.44556 trade: 0.09356267365 / $359.81 to 0.00526354565 BTC

So! I 

1. withdraw that amount of $ETH from @TeamKujira Ghost, 

2. swap to $BTC on @Manta_DAO, 

3. lend the $BTC on Ghost 

4. to bid for liquidated $KUJI on ORCA

BOUM! BOUM! BOUM! 

Nolus

Meanwhile, I've accumulated $NLS-yields on @NolusProtocol Earn-page. I collect those yields. I see the swap is better on @osmosiszone, so I IBC my $NLS over to @osmosiszone and swap to $USDC.axl there. 

I ship the $axlUSDC (or, as they call it: $USDC.axl) to @TeamKujira, which involves me seeding my @axelarnetwork wallet addy with some $AXL then hopping my $USDC from osmosis -> axelar -> kujira, because that's how it's gotta be: complicated af to keep grandma off the blockchain.

Let's finish up this report from yesterday.

I got so p.o.'d from the $axlUSDC being '$USDC.axl' and needing two hops with an $AXL-seed to fund transfers to and from @axelarnetwork, that never finished the report-piece of the ETHBTC-trade 🧵

😤

I move the $USDC.axl to @TeamKujira Ghost then immediately bid on liquidated $PAXG on ORCA with it. With the $BTC I swapped to from $ETH, I Ghost-ORCA bid it for liquidated $KUJI. 

If neither bid hits, I'm still making 48% APR on the lent $USDC.axl and a with bit with the $BTC.

2024-05-28 ETHBTC Trading 

incept date: 2024-05-28 

$824.34 traded on FIN 

$4,883.31 ORCA bids 

$0.00 BLUE minters 

$4,082.8433 Ghost money market 

$303.993 Nolus leases 

$0.00 Levana perpetuals 

$12.37 reserves 

invested: $10,144.06 

valuation: $10,106.86 

ROI: -0.37% / 0.00% APR 

Hard Reset

I'm doing a hard-reset on this portfolio: I got entangled with $BTC I borrowed when it was $18k-per.

I was like: "Hey: why not? It's never going up." 🥺😭

So, after incorporating the blue chips of $BNB (that, very nicely, went 3x up) and $PAXG, and a rebalance, I start over.