Logical Graphs LLC

Friday, September 29, 2023

2023-09-29 KUJI/LUNA-THANG! day 0

Let's pretend something...(s)

This is about my PRISM on @TeamKujira

Let's pretend I'm not 🦇 💩 🤪, that I have all the time in the world, that I want to track not only KUJI-ATOM, but also KUJI-LUNA, MNTA-KUJI, and ROAR-LUNA.

Let's pretend that.

I withdraw funding from Ghost.

First up, I establish a KUJI-LUNA PRISM. I transfer $KUJI and $LUNA to a newly created wallet then I provide those to the KUJI-LUNA LP.

From that, I create an entirely new report for the KUJI/LUNA ratio.

2023-09-29 KUJI/LUNA-THANG! day 0

KUJI/LUNA-THANG!

* no swaps: gathering 20 days of data FRIST! #FRIST

KUJI: 0.00000

LUNA: 0.0000

LP: 108.310

TVL: $142.79 TVL EMA-20: n/a

ROI: 0.00% APR: 0.00%

Prism explained.

2023-09-29 ETHBTC-THANG! Day 124

Let's do the ETHBTC-THANG!

I record the $ETH and $BTC prices from @osmosiszone to my SPREADSHEETSZORXEN.

While I'm doing that, I put an 10x LONG against 1 $ETH on @Levana_protocol, just because I'm cray💯. 😎*

*You don't have to put longs or shorts to make ETHBTC work, okay?

Now: the REASON (if there be one) that I'm putting a LONG for $ETH on @Levana_protocol is that I have a short there already, losing money, and it's pissing me off. So, to make $ETH go down* I put in the long, so I make money on the short.

*$ETH doesn't go down when you long it.

2023-09-29 ETHBTC-THANG! Day 124

The ETHBTC-THANG!

swap 0.05273 $ETH

After swap:

ETH: 6.03339 BTC: 0.0066

Total: $10,214.69 TVL EMA-20: $9,469.82

n.b.: TVL EMA-20 indicates that ETHBTC, itself, is overvalued.

ROI: 5.67% APR: 16.69%

The sharp-eyed among you will notice two things:

I'm swapping $ETH for $BTC today, whereas before I've been trading away my $BTC for $ETH. SHALL WE SOON SEE RATIO PROFIT, THEN???
The $ETH I swap is the profit from closing the long yesterday: IT'S A FREE SWAP FOR ME! 😊

So, I place the sell-order of $ETH on the wETH/axlUSDC order book on @TeamKujira FIN (where $wETH is selling at the highest price),

...then draw back from lowest-priced $BTC to create the trade-path:

$wETH -> $axlUSDC -> $MNTA -> $wBTC, ...

I think I need to long $BTC now.

So: it's a good thing I AM LONGing $BTC, by leasing it from @NolusProtocol!

AHA!

Top 22 FIN order books by volume, 2023-09-29

axlUSDC/USK,$44.29K
KUJI/axlUSDC,$35.65K
axlUSDC/USDC,$15.50K
MNTA/axlUSDC,$12.19K
MNTA/KUJI,$10.86K
wBTC/MNTA,$8.98K
wBTC/KUJI,$8.30K
ATOM/axlUSDC,$8.11K
KUJI/USK,$7.87K
SOMM/MNTA,$7.80K
STARS/MNTA,$6.90K
USDC/USK,$6.05K
ATOM/USK,$5.98K
stATOM/MNTA,$5.63K
LUNA/USK,$5.44K
KUJI/ATOM,$5.26K
KUJI/USDC,$5.07K
MNTA/USK,$3.55K
STARS/USK,$3.14K
wBTC/axlUSDC,$2.46K
wETH/KUJI,$1.55K
STRD/MNTA,$1.23K

Report generated by ./top_order_books

2023-09-29 Daily CoinMarketCap Price Quotes

Top 5000 coins tracked by @CoinMarketCap, 2023-09-29

My portfolio coins

Report generated by ./cmc_prices and ./cmc_filter, respectively, run by make alles

2023-09-29 Latest Stride LSD exchange rates

Latest @stride_zone LSD exchange rates up for 2023-09-29

Raw CSV of report available and archived.

./lsd source code.

DOT LP and perpetuals on Levana

🚨🚨

OY! You LEVERAGE LOVIN' POLKADOTTIRS!

🚨🚨

@Levana_protocol has opened up their single-sided $DOT LPs (currently at 19% APR) and their LONG and SHORT $DOT perpetuals!

You must 🚨🚨🚨 FIRST CONVERT $axlDOT to $DOT (composable) with not insignificant slippage on @osmosiszone

After that, you will probably need to supply some liquidity to the $DOT-pool before you open leveraged positions, because @Levana_protocol is fully self-funded.

At 19% APR on the $DOT LP, I'm not complainin' about this 'parking lot' of liquidity, ya hear? 😎

After liquidity is available on the protocol, you can take long and short positions. I go 💯 bat crazy degen by taking a 10x LONG and a 10x SHORT position against $DOT. When one pops, I'll close it for profit, and I hope I degen my way to 50M $DOT on @Levana_protocol.

HIGH RISK!

The remaining $DOT ('composable') I supply to the $DOT LP on @Levana_protocol at 19% APR.

I'll BUIDL this $DOT bag with profits from the 10x perpetuals, and, hey, if the perpetuals liquidate, it's 100% my loss, but I finally get to do something with this liquidity, see?