Showing posts with label FUZN. Show all posts
Showing posts with label FUZN. Show all posts

Sunday, January 7, 2024

My @SumoKuji vault report, 2024-01-07

While I'm doing the ETHBTC-THANG! I'm also doing my @SumoKuji vault report.

Why?

The market downturn have made several $NSTK buy catch-all orders hit, growing my $NSTK-bag.




I grabbed this $NSTK (okay, no jokes here, you guttersnipes! Sheesh!) at ~15.2¢-per, which is great, because the current market price is 16.4¢-per.






I replace my filled catch-all orders and transfer the claimed $NSTK to my @SumoKuji wallet addy and add to my SPREADSHEETZORXEN! 







My @SumoKuji vault report, 2024-01-07







current value: $5,084.03
still to acquire: $3,913.81
vault target value: $94,629.94

There is housekeeping that must-needs be looked after. Because of $LUNA's price-plummet, I mint $USK against $STARS to rebalance the $LUNA-mint.




You may recall, this was supposed to be paid down by now with @Levana_protocol working, so I wait for the return of leveraged trading.

Then there's the whole staked $FUZN-fun.

  1. Staked $FUZN gives you $yFUZN.
  2. $yFUZN gives you yields.
  3. Currently $yFUZN is yielding at 0.00%. 

So I'm unstaking everything over 21 days to get my liquidity back from a protocol where you stake to get nothing for it.





What a (sad) joke.

On the positive side, my $qcMNTA on @TeamKujira FIN below protocol price. 




It's currently earning 13% APR.

I started with 1,223 $MNTA, and, looking at the unstaker, I'd be getting back 1,244 $MNTA.

My plan is to HODL or trade-trade-back this asset, growing it with arbitrage.

Wednesday, December 27, 2023

My @SumoKuji vault report, 2023-12-27

Let's do my @SumoKuji vault report.

First, I caught some $NSTK in a catch-all order on @TeamKujira FIN.




Next I accumulate all data of tokens on BLUE, on FIN, on Ghost, ... elsewhere.




Remember when I asked @Fuzion_App what their yields were and how to collect them? And Fuzion didn't answer.



@Quark_Protocol data don't lie: there are no yields for staking $FUZN as of 2023-12-27. 

0.00% APR of the $qcFUZN token.

Disappointing, but expected.

What I'm saying is that if you're going to stake your $FUZN on @Fuzion_App for 7 days, then stake your $yFUZN for another 14 days, cumulative, you may want to ask why and what you are getting in return for giving up your liquidity to a 21-day stake with what yield?

My @SumoKuji vault report, 2023-12-27







current value: $4,975.79
still to acquire: $4,022.05
vault target value: $94,629.94

Friday, November 24, 2023

Community: strong protocols and individuals, supporting each other

Lot's going on, just on the @TeamKujira FIN and BOW boards, folks.

The $FUZN-boards are now LIVE, both FUZN/USK, with 11k 24-hour volume, and FUZN/MNTA (with no volume). I figure once FUZN/MNTA becomes active, there'll be lots of arbitration, particular as $FUZN is swinging 30%.

To that end, I've bought some $FUZN on @TeamKujira FIN FUZN/USK to seed FUZN/MNTA board. 



I've also collected the yields from the BOW ROAR-USK LP, which include $10-worth of $ROAR and some $FUZN.




Now. A moment of clarity here, please, el geophf.

I, firmly, believe, a token's price (eventually) settle on a token's value.

http://logicalgraphs.blogspot.com/2022/03/value-dialog.html

 Do I know anything about $FUZN's value?

Actually, I do. I know @TheLionDAO believes enough in $FUZN to issue it as yield.

I also know that the @TheLionDAO stands for:

  1. educating the community and
  2. reinvigorating a blockchain they are passionate about

That is to say: @TheLionDAO care about a vision that's more than just 'make money.'

This is enough for me to at least give $FUZN a go.

Is $FUZN going to work out for me?

Funny. You know that I'm an a priori analyst, not an a posteriori one. "Que sera, sera," I say.

What I do like is this: both @terra_money and @TeamKujira protocols have found ways not only to BUIDL, but also to BUIDL-up others.

I like this.

Why do I like this?

Community.

Community is not one individual protocol in a blockchain (say: DefiKingdoms on $ONE), but multiple, strong, protocols supporting each other.

  • @terra_money is stronger because of @TheLionDAO.
  • @TeamKujira is stronger because of @Manta_DAO.

A strong community's foundation is built from strong individuals and protocols, and they are so much stronger when they support each other.

From unity comes strength.

So say we all. 

That's why I'm saying this token, $FUZN, is worth my time to explore. @TheLionDAO is supporting it, and I, in my verra smol way, am supporting BUIDL'n this Kujira-Terra community.

I hope both grow and prosper.