π₯ $85.30π₯ IN YIELDS from @tranquil_fi locked $TRANQ fees stake, now it's time to collect more than
π₯ $415π₯ IN YIELDS from @Defiraverse and do that yield-farming-magic that I do.
Let's rock.
n.b.: stupid remarks about $sFIRA == instablocc.
1/ π§΅
Okay. Yields collected. So, what's the first thing we do when we've collected yields?
besides celebrate good times, C'MON! π
2/ π§΅
The first thing we do, after collecting the yields, and celebrating good times, is that we check our @Defiraverse LP farm yields. The state of the world has not changed today: there are still two tiers, but it may tomorrow, so we check.
THAT's what we do.
3/ π§΅
So, we see two tiers:
Ξ±. $FIRA / $TRANQ LPs at 1000% APY, and
Ξ². everything else.
Given that, we invest our $TRANQ in three equal lots
If you're not trying out the locked $TRANQ fees stake, you're missing something amazing. This stake, alone, saved the protocol. Where other protocols floundered, @tranquil_fi tied their protocol coin to fee-rewards in BTC, ETH, ONE, USDC, and USDT.
Brilliant!
5/ π§΅
Okay. We've invested our $TRANQ, now let's invest the $FIRA, which I'll apportion an even 50 / 50 split:
* $FIRA - $WONE LP *
* $FIRA (single) stake.
Boom. Do-it: to-it.
* adjust investment by +406 $ONE / $51.53
6/ π§΅
So that leaves the $sFIRA yields. My approach here is:
* 50% stake for infinite yield farming
* 50% unsealed.
I'm creating future income now.
Collect the yields from the $FIRA stake and $sFIRA stake, then stake and unseal the $sFIRA.
Reminder: stake all your LPs, too!
7/ π§΅
Yield-farming work: complete.
Let's do the analytics: @Defiraverse asset allocation.
What this chart tells me is that I need to increase
After plugging in the quotes of $ETH and $BTC from @osmosiszone into my SPREADSHEETSZORXEN! it sez:
*swap 0.0128 $BTC
Ooh! 0.0001 more $BTC than yesterday! SPICY! πΆοΈ
Let's do this!
I do the ETHBTC-THANG!: withdrawing $BTC, bridging it to @osmosiszone to swap to $ETH (although I should have checked the @TeamKujira FIN boards, first), then bridging the $ETH back.
Am I done?
Yes, if I were just doing a swap, but there are other ETHBTC activities to check.
What other activities?
Liquidations, for one.
I check @TeamKujira ORCA. Nupe, no liquidations for either $ETH nor $BTC.
But I want to hammer home its importance to you, my dear fren, as a trader.
Why? I just made 7% ROI, annualized to 1.4k% APR, on a $KUJI-arb on that board
FIRST! Let's go over the particulars of this arb.
1. I borrowed 500 $KUJI 2. I sold it for $ATOM on KUJI/ATOM (limit order) 3. I bought the $KUJI back from that $ATOM on KUJI/ATOM (limit order) 4. I repaid the borrow. 5. I profited.
It's.
That.
Simple.
Specifically,
2023-06-12 entry: 500 $KUJI -> 49.4 $ATOM, SELL at 0.0988
2023-06-14 exit: 49.4 $KUJI -> 538 $KUJI, BUY at 0.0917