Self-funding experiments, part trois

Reflect

Next up in our self-funding survey, we visit @Reflectaverse. 

Nice collection of yields; 😊

not so nice price-direction for the token yielded. 😭

So, for this bad boy (@Reflectaverse), I'll reinvest the yields 50% / 50%:

• 50% into ECHO-ONE LP to produce more $ECHO
• 50% into top yielding rf-token(s?)

Which means we have to find the top-yielding rf-tokens, but first: ECHO-ONE LP.

Okay, so, which rf-tokens are HAWT to invest in?

Just imagine me, and you'll see the HAWT rf-tokens. 😎

Or you could use SPREADSHEETs, too.

Let's do the latter. The spreadsheet says $rfETH and $rfDAI are equally HAWT!

Let's invest in those 2 rf-tokens with our remaining $ECHO.

And so we swap half our $ECHO for $rfETH and $rfDAI, setting the slippage to 15%, so we can lose an f-ton of value in these trades, smh. 

After the above trades, our @Reflectaverse portfolio looks like the following. 

I think there's a healthy balance between the $ECHO-producing LP and the rf-tokens that (will eventually) (someday) produce harvestable yields. 

Is @Reflectaverse a viable place to put additional funds?

Not only 'no,' but HELLz nah!

Yields are coming in at a good clip, but the $ECHO token, and all rf-tokens are down ~50% since I invested.

The yields earned from these stakes in no way make up for these losses.

HARD PASS.

Self-funding self-assessment, part deux

Okay, let's continue our self-funding self-assessment. I'm going to head over to CrystalVale tonight to rebalance my portfolio there, but first:

Let's go to @EvoVerses. 

HER NAME WAS EVO 

AND SHE DANCED ACROSS THE SAND!

Grabbed the yields; 

swapped half the yields to $ONE;

reinvested the yields

... A FARMER'S LIFE FOR ME! 🎶🧑‍🌾

EVO Burn-down sheet and chart

Burn-down: 

$10 / 4 days === self-funded in ~ 104 days.

Eh.

EVO's asset allocation, 2022-04-23

First time collecting yields, and already locked $EVO is more than 40% of this portfolio.

One more thing here.

HIT IT, BOYZ!

🎵 HER NAME WAS EVO

AND SHE DANCED ACROSS THE SAAAAND! 🎶

sry. couldn't resist. #notsorry 

Also, $EVO - $ONE LP is down 10%, but the portfolio is up 53%, due to the locked $EVO.

So is there an opportunity here?

I don't know. I'll have to put some thought to this (that translates as: "No.") or wait and see what this protocol token does.

DefiKingdoms CrystalVale

We're going to rebalance our @DefiKingdoms CrystalVale LP asset allocation.

The current asset allocation is as below, which, n.b.:  does not match the LPs' efficacy. 

This is our target @DefiKingdoms CrystalVale asset allocation, based upon the magic of SPREADSHEETS!

I like spreadsheets, ICYMI. 😎

After this rebalancing, I've collected 0.42 $CRYSTAL, which I'm depositing into the CRYSTAL-JEWEL LP, as that LP is most efficacious today. 

Our burn-down for CrystalVale is as follow:

target / loaned: $1000

todæg yields: 1.5761 $CRYSTAL

total yield: $353.55

remaining: $646.45

I can't believe I'm saying this, but I may actually (eventually) repay this self-loan.

FANCY THAT, HEDDA! 

CrystalVale @DefiKingdoms asset allocation, 2022-04-25

Finally we have a portfolio of balanced LPs. From this point we'll be more flexible in distributing yields to performant LPs. 

We're also down 57% since inception. REEEEE! 

What remains?

So, in our self-loan self-evaluation, what remains?

• @finance_unite 
• @Reflectaverse 
• @prism_protocol 

Let's farm our @DefiKingdoms Serendale heroes first, then tackle those three, then see what and where to self-fund.

Unite

The burn-down for @finance_unite, 2022-04-25:

The @finance_unite allocation chart. 

As $UBOND is now capped, I'm moving earnings into the $USHARE-ONE vault.

We're down more than 50%, btw.