Daily cryptocurrency income report, 2022-11-02

Daily #cryptocurrency income report, 2022-11-02 : $36.34 *

$36 in yields yesterday. There are people I know who could be free of their jobs and live off that.

$36 is a start on the path to financial freedom.

*does not include auto-restaked yields nor s- nor x-token gains

2022-11-03 Benqi Finance AVAX loop APR report

2022-11-03 @BenqiFinance $AVAX loop APR report

APY 11.50%
APR 94.96%

total yields collected: 2.22 $AVAX and 3551.32 $QI on 2022-11-03
yields, incept: 2022-10-22
yield collected for 12 days
With $AVAX at $18.22 and $QI at $0.008737 that is $5.95 collected per day (avg)

2022-11-03 Aave AVAX loop APR report

2022-11-03 @AaveAave $AVAX loop APR report

APY 16.26%
APR 21.44%

all yield collected: 8.09 $WAVAX on 2022-11-03
yields, incept: 2022-10-14
yield collected for 20 days
With $AVAX at $18.30 that is $7.40 collected per day (avg)

Valuation, Team Kujira portfolio: 2022-11-03

Valuation, @TeamKujira portfolio: 2022-11-03

invested: $5,371.01
value: $5,643.63
net gain: $272.62
δ yesterdæg: -$278.97
APR: 108.98%

staked: $604.01
wallet: $1,708.06
order book bids: $3,331.56

total assets: $5,643.63
matches value: TRUE

Rust pop-quiz: average price

Rust pop-quiz: average price.

You recall trader.rs 

2 complications:

1. The input data is enriched with additional fields. Update trader to ignore those new fields.

2. For each asset-type, print the running total and average price per token.

DO-it! TO-it! 

Where are we going with this?

PnL ('profit 'n loss') per trade, then PnL per day.

A new metric for my @TeamKujira FIN order book trading efficacy.

• (answer)

2022-11-02 Benqi Finance AVAX loop APR report

Okay, now let's 'do' @BenqiFinance.

I start by collecting the $AVAX-yield only. Why? Because that gets swapped to $sAVAX on @KyberNetwork, paired with $AVAX, then staked on @traderjoe_xyz 

This triggers a yield-harvest of $QI and $JOE, and that's why I held off on the $QI.

Before I do anything with the $QI, I stake the $JOE as $sJOE to earn $USDC yields on @traderjoe_xyz 

With the collected $QI-yields, I swap them to $sAVAX, but recall that I transferred $AVAX here from Coinbase this morning. I swap that, too, to $sAVAX on @KyberNetwork. THEN I supply that $sAVAX to @BenqiFinance, and borrow back only half as much as $AVAX.

After that evolution, Avalanche, 2022-11-02, is as follows: 

What does this chart (PT) say?

Fully 85% of my $AVAX is staked.

Think about that.

It also says I need to put more into $GMX and $GLP.

So, let's do that next.

But first: 2022-11-02 @BenqiFinance $AVAX loop APR report

APY 12.55%

APR 103.72%

total yields collected: 2.22 $AVAX and 3551.32 $QI on 2022-11-02

yields, incept: 2022-10-22

yield collected for 11 days

With $AVAX at $18.39 and $QI at $0.008420 that is $6.42 collected per day (avg)

So, I swap 5.5 $AVAX ($100) for $GMX, then stake that on @GMX_IO, then the double swap 5.5 $AVAX -> $BTC.b -> $GLP, to minimize fees. 

$GLP doesn't need to be staked: you just HODL it, ... like $BTC, lulz.

The rest of the $AVAX I swap -> $USDC on @KyberNetwork -> $axlUSDC on @CurveFinance then bridge that liquidity over to @TeamKujira.

Assets are allocated thusly, 2022-11-02.

Valuation, Team Kujira portfolio: 2022-11-02

Valuation, @TeamKujira portfolio: 2022-11-02

invested: $4,227.34

value: $4,778.93

net gain: $551.59

δ yesterdæg: $225.63

APR: 297.66%

staked: $605.21

wallet: $775.70

order book bids: $3,351.67

total assets: $4,732.58

matches value: FALSE

See? I get all excited and start trading before I file my daily report, throwing the numbers out of WHACK!

Moral o' the story: DON'T DO THAT! FILE THE REPORT, FIRST THING! THEN TRADE, YOU DOOFLEBERRY! #doofleberry 🤪🫐🍓