My Sumo vault report, 2024-02-17

Whilst housekeeping my main addy, I picked up some $FUZN and $NSTK on their dips on @TeamKujira FIN.

So that means it's time to do my @SumoKuji vault report, that what that means.

No, I don't sleep. Why do you ask?

Also: get sleep; it's good for you. #PSA 

I go to send my $FUZN to my Sumo vault addy, but then I have a belated thought: did another $FUZN-buy order hit on @TeamKujira FIN? And, yes: yes, it did.

SO! I claim THAT $FUZN, place a new catch-all order bid, then send THAT $FUZN over to my Sumo vault addy, as well. 

I send the $NSTK over, as well. Now I have $FUZN on my Sumo vault addy. I stake it on @Quark_Protocol, earning 14% APR.

My @SumoKuji vault report, 2024-02-17

incept date: 2023-12-16

prediction tweet.

archive.

invested: $5,437.46

current value: $5,285.55

ROI: -2.79% / -16.19% APR

still to acquire: $3,712.29

vault target value: $94,629.94

undervalued assets:

$KUJI $LUNA $NSTK

$ROAR

$MNTA

My @SumoKuji vault report, 2024-02-09

Let's do the Sumo Vault-THANG!

Why? I just had @Quark_Protocol $qcKUJI unstake:

194.9417 $qcKUJI -> 197.5 $KUJI that I had staked 

195.0491 $KUJI to.

So I made money right?

...yes?

But if I kept the $qcKUJI, it's now worth 197.848.

A conundrum.

Unstake.fi

@unstake_fi wen qc-assets?

But, now that I mention @unstake_fi: their only asset is to unstake $ampKUJI, and if you look at the FIN ampKUJI/KUJI board, you see why.

I wish they had a supply option, making it decentralized, like: I supply 1,000 $KUJI for instant $ampKUJI unstake, and I'd get the $ampKUJI.

Imagine the possibilities, @unstake_fi: you open asset-supply to us, and we supply the $KUJI, $MNTA, $LUNA, $WHALE, $FUZN, and whatever, for the LSDs to unstake, and we benefit by obtaining the LSDs at a 21-day, or whatever, discount.

Think about it.

My DMs are open.

Here's the other take-away: arbitrage.

Looking at the qcKUJI/KUJI board on @TeamKujira FIN as well as the ampKUJI/KUJI board, there are buy-opportunities, buying the LSD below market price, if the unstake is instant and the premium for unstake is reasonable.

I place buy-orders.

My @SumoKuji vault report, 2024-02-09

incept date: 2023-12-16

prediction tweet

archive

invested: $5,297.91

current value: $5,325.22

ROI: 0.52% / 3.42% APR

still to acquire: $3,672.62

vault target value: $94,629.94

This is the first time in about a month that this vault is net-positive, and the reason, besides the $STARS- and $ASTRO-surge, was the dip.

I bought $1,000-worth of $NSTK for $450, folks.

The dip: learn to love it.

• undervalued assets: $KUJI $LUNA $ROAR $FUZN $MNTA

My @SumoKuji vault report, 2024-01-22

A $NSTK buy catch-all order hit on @TeamKujira FIN.

catch-all HOWTO video. 

I claim the $NSTK, replace the catch-all orders, then send the $NSTK to my vault addy.

I suppose that means it's time for a @SumoKuji vault report, yes?

My @SumoKuji vault report, 2024-01-22

prediction tweet: https://twitter.com/logicalgraphs/status/1735017430181642601

archive: http://logicalgraphs.blogspot.com/p/sumo-vault.html

SPREADSHEETSZORXEN! https://docs.google.com/spreadsheets/d/1X9jYUW5__RLKpd9kvoUEl70cm3FnYYPdyc9R-PTVEbg/edit?usp=sharing

current value: $4,603.08

still to acquire: $4,394.76

vault target value: $94,629.94

• undervalued tokens, 2024-01-22, as per vault-metrics: $KUJI, $LUNA, $NSTK, $ROAR, $FUZN, $MNTA

Okay, to business! The first thing I do is to reclaim my $FUZN from @Fuzion_App, then swap them to $qcFUZN on @Quark_Protocol. 

n.b.: Fees are 0.25 $KUJI to mint $qcFUZN on @Quark_Protocol. That's pretty high for a transaction-fee! 

Next I mint 24 $USK on BLUE against $LUNA (at 1% APR) to repay $USK borrowed against $KUJI (at 20% APR). 

I then place all my $KUJI (except reserves) on a buy-order on @TeamKujira FIN for $qcKUJI at 1.00551-per, which is a better price than @Quark_Protocol's 1.01374-per. 

My intent here is to arb KUJI on this board. Let's see how this goes.

My @SumoKuji vault report, 2024-01-12

"Buy the dip," they sez.

But how does one buy the dip?

I bought $NSTK on a YUGE dip on the @TeamKujira FIN NSTK/MNTA board using catch-all orders.

If I sold back now (I won't) I'd make 20% profit, folks.

catch-all HOWTO.

• Kujira FIN limit catch-all orders via @YouTube 

3 buy catch-all orders hit for me on @TeamKujira FIN NSTK/MNTA.

I review what catch-all orders are, claim the filled orders, and place 3 new ones, showing how I stagger  bids to 'catch' the best prices.

I move the claimed $NSTK to my @SumoKuji vault addy.

I suppose that means now is the time to run my Sumo report. 

My @SumoKuji vault report, 2024-01-12

prediction tweet.

archive.

SPREADSHEETSZORXEN! 

current value: $5,362.04

still to acquire: $3,635.81

vault target value: $94,629.94

According to my report valuation of tokens, the following tokens are undervalued to their target:

• $KUJI, $LUNA, $FUZN, $ROAR

Do with that what thou wilt.

Now, the @SumoKuji vault approach is HODL, to be sure, but assets can be actively H(e)DL while not exposing them to, say, impermanent (that becomes permanent) loss of an LP.

One way to grow an asset is as an LSD, like I'm doing by bidding on $qcKUJI on @TeamKujira FIN. 

Another approach is to lend the assets to @TeamKujira Ghost, their money market protocol. 

For example, I could lend my $STARS (once I burn the minted $USK) on Ghost with a current APR at 119%! 😱