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
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