Avalanche portfolio 2024-04-03

Let's do the @avax-THANG!

The EMA20 indicators for { AVAX/USD, QI/USD, QI/AVAX } are all buy, however, the QI/AVAX buy is at 12% δ.

I'm factoring in the δ, going forward.

That means I trade 1.2 $AVAX for $QI.

WHERE DO I GET THAT $AVAX?

And, well, I don't need to get the $AVAX from anywhere, it turns out. As the $AVAX price (and, well, lots of other token-prices) continues to fall, the call changed from BUY to HODL, and that's just what I'll do!

Let's collect the $AVAX-yield from @GMX_IO, anyway. 

Now, if you recall, I did try to move some $ETH from @TeamKujira to @arbitrum to much sadness.

So, I ended up converting that $ETH to a stable, SHIPOORing that stable to @avax, swapping to $AVAX.

Now, I convert that $AVAX to $sAVAX, supply it to @BenqiFinance, then borrow back.

Now I borrowed back the $AVAX to swap to $ETH then bridge to the L2s, @arbitrum and @Optimism, however @KyberNetwork reports a huge slippage ($200 on a $1,200-swap) to both $ETH and $USDC, preventing the swap.

@KyberNetwork why this slippage? When will swaps settle?

I've also noted, with regularity, over periods of days, slippage the other way when I try to swap $QI to $AVAX. 

Avalanche portfolio 2024-04-03

total net worth: $41,690.35

total invested: $37,259.63

total debts: -$50,724.02 / LTV: 63.32% (max 70% LTV)

ROI: 11.89%

Wrong QI-yields reported again on Benqi Finance

The issue with $QI-yield-collection on @BenqiFinance persists. I went to collect yields. It stated I had 2269.9 $QI yields to collect, with 765 $QI in my wallet, I expected to have a total of 3035 $QI.

After yield collection I only 2970.4 $QI (right), short by 65 $QI. tx_id.

I am relieved to report that the AVAX - sAVAX exchange rate, which has been stuck for the past 4 days, is finally decreasing again. This factor makes looping possible, so it's necessary that staking is updated at least at a daily cadence.

It was updated today: I am relieved.

Broken QI-yields on Benqi

Dear @BenqiFinance, claims or the front-end for $QI-yields are not working.

Image shows that I should have 2371.129532 $QI after harvest.

I harvest the $QI-yields.

I now have 2327.13124 $QI, or ~47 $QI short of what I should have; Image.

Broken QI-yield on Benqi Finance

Dear @BenqiFinance.

It happened again just now.

Your front-end said I had 1,620 $QI to yield from your marketplace, but the harvest only gave me 1,575.5197 $QI.

tx_id

Please remit me my 30 $QI from before and my 45 $QI from this transaction.

This screenshot is a half-hour old, I eyeballed the $QI-yield on screen at 1620, however, even this half-hour old screenshot shows MORE $QI yields than the transaction (OT) yielded to me. 

Missing QI reported to Benqi Finance

Dear @BenqiFinance, 

Your front-end stated I had 1,088 $QI-yields to harvest, but when I collected the $QI, I only received 1,508 $QI.

Please remit me my 30 $QI that you withheld in the transaction.

tx_id

Exhibit A: proof of 1,088 $QI. 

Shift to AVAX-sAVAX LP on @traderjoe

After thinking over a convo with @ScammoonR, I'm shifting liquidity from QI-AVAX LP, staked on @BenqiFinance, 

to AVAX-sAVAX LP, staked on @traderjoe_xyz.

I'm losing too much $AVAX as $QI continues to deflate in price.

A benefit of the AVAX-sAVAX LP, besides controlled IL on the sAVAX price-rise (I don't lose anything, ... I think), is that it issues BOTH $QI, that SUPPLied on @BenqiFinance earns 10% AND $JOE, that earns 6% IN $USDC!!! when staked on @traderjoe_xyz 

Now, there is also the $veJOE token that boosts SOME LP farms, and up to ~1.5% boost only, 

... but the AVAX-sAVAX LP farm is not one of the farms that can be boosted. Is there a particular farm on @traderjoe_xyz that can be boosted that you love? If so, why?

And ... HA! $AVAX 10x LONG on @GMX_IO close for a gain. YUS! 

Join me for (very high risk) funsies! 

Okay! So! Now!

I exit my QI-AVAX LP farm.

How do I do that?

• I WITHDRAW my stake from @BenqiFinance 

• On @pangolindex I remove the QI-AVAX liquidity.

EASY-PEASIES! 

So, I use the PSSCBW to tell me how much to prefund the stables.

PSSCBW 

As you see, I've included te $QI, which I will supply, as well as the $AVAX, which I'll swap to $sAVAX then supply.

So, I swapped some of both to $USDC.e.

I swap the $USDC.e to $DAI.e on @CurveFinance, then supply the $DAI.e to @BenqiFinance 

asdf

Daily cryptocurrency income report, 2022-08-18

Daily #cryptocurrency income report, 2022-08-18: $72.40*

Haven't had one of these in a while, but the income today was from all around the block(...chains): $ECHO, $MIR, $QI, $JEWEL. Whoa! 

*does not include auto-restaked yields nor x-token gains (like $sAVAX) 

Bridging USTC onto and off of Harmony and Terra

#dedchain? What's that you say? "Harmony and Terra (classic) (and, tbh, Terra 2.0) are #dedchain"?

Huh: 'ded' for you is very much alive for me.

Let's bridge $USTC onto and off of both Terra (classic) and Harmony.

First, I show I have no $USTC on Harmony. 

Next, I ensure my Terra (station) wallet is on Terra classic, as evidenced by the bright orange bar at the top saying 'Classic.' If not, I can gear-shift it onto Terra classic.

So, yeah: Terra (classic), ... which is the only viable Terra for me. 

To transfer $USTC to Harmony from Terra Classic, we NEED $USTC. Where do I get $USTC?

$MIR yields from @mirror_protocol, of course.

@mirror_protocol has consistently got 100%+ APY through thick and thin. It's the best #cryptocurrency protocol, bar none. Sorry. #notsorry 

I also have some @astroport_fi yields to collect from the locked LPs, so: yay. 

Lock away tens of thousands of dollars, collect yields worth ... checks notes, ... $1.17.

GOOD DEAL! #sarcasm 🙄 

Swap-swap-swap. 

I swap the collected $MIR, $MINE, and $ASTRO to $USTC on @astroport_fi, which has a better swap than @loop_finance (I checked for each).

Then I bridge that $USTC to Harmony using https://classic-bridge.terra.money/. 

Let's go to Harmony and generate some $USTC, by generating $ONE.

Where? https://www.reflectaverse.one/staking

The $ECHO price continues to fall, but the yields match the price-fall, so... I'm losing my principal for yields?

Ugh.

I collect $ECHO yields and swap that and other assets to $ONE.

This is the state of the Reflectaverse self-funding experiment.

Interesting note, I had LESS $ECHO yields if I collected yesterday but it was worth the SAME as the $USD value I collected today.

The $ECHO yields are dead-in-the-water to the $ECHO price-fall.

Not good. 

Now, let's get that $USTC off Harmony. What $USTC?

• We SWAP the $ONE to $USTC on @DefiKingdoms 

• We BRIDGE the $USTC to Terra using https://classic-bridge.terra.money/

• and, ... voilà! We have the $USTC on Terra now. 

What happened to the $USTC I bridged to Harmony back at the beginning of this thread, 1 hour, 19', 27" ago?

I don't know.

It hasn't shown up on Harmony.

Anybody know how to revert a bridge-transaction on https://classic-bridge.terra.money/ that's stuck?

tx_id

Okay, it's been a while.

Busy day.

I BRIDGE the $USTC from Terra to Avalanche; this $USTC is targeted for my $BTC.b self-loan pay-down.

On Avalanche, 

• I SWAP the $USTC to $BTC.b on @traderjoe_xyz 

• then SUPPLY that $BTC.b to @BenqiFinance, paying down my self-loan. 

... which brings our $BTC self-loan pay-down on 2022-08-10 to the following. 

Before we call it a night, there are some $QI yields from the QI-AVAX staked LP to collect. 

My plan for these $QI yields is to

• SWAP 50% for $AVAX on @pangolindex 

• SUPPLY the $AVAX and $QI to the @BenqiFinance 

The supplied $AVAX pays-down my self-loan. 

The chart's burn-down doesn't look impressive, ... now, but as we build momentum, you'll start to see impact. 

The @BenqiFinance net asset allocations, 2022-08-10.