Let's do the ETHBTC-THANG!
I record the $ETH and $BTC prices from @osmosiszone into my SPREADSHEETSZORXEN!
Thanks to a 10xLONG against 1 $ETH popping on @Levana_protocol, I was able not only to swap $ETH -> $BTC as per the SPREADSHEETSZORXEN, but I also bagged some net $ETH as profit, as well, growing my ETHBTC-bag!
2023-09-30 ETHBTC-THANG! Day 125
The ETHBTC-THANG!
- swap 0.05589 $ETH
After swap:
ETH: 6.00078 BTC: 0.0101
Total: $10,358.99 TVL EMA-20: $9,554.13
n.b.: TVL EMA-20 indicates that ETHBTC, itself, is overvalued.
ROI: 5.66% APR: 16.54%
What I like about the ETHBTC-THANG! is that it gives purpose to $ETH and $BTC accumulation and it's explicit in showing you how your swaps grow your ETHBTC-bag. The more $ETH and $BTC you accumulate, the more efficacious your ETHBTC-swaps become.
I deposit my $wETH and $wBTC gains into @TeamKujira Ghost. I'll need to set up a $wBTC LP and perpetual on @Levana_protocol soon, but not now.
Now: I nap! 😴
Just one more thing before I go:
Dear @TeamKujira,
Would you like to set up a wETH-wBTC LP on BOW? I'm betting there would be, say: oh, at least 1 person interested in a wETH-wBTC LP on BOW and a wETH/wBTC order book on FIN.
love, geophf
