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Sovereign Origin 🥕/21M Profile picture
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Jul 22 • 5 tweets • 4 min read
Another rather eventless day for #SuperHodl early adopters🙌 #Bitcoin price action is nicely sideways.

Second day, SuperHodl says: No Change !

Tagging @Keinor @StackingSaunter (did you start yet 😋)

#HODL on !
For people looking to learn more about Zero, please check out wiki.sovryn.app/en/sovryn-dapp…
For people looking to join #SuperHodl and have Zero access, please see the following thread on getting started:

If you are new to @SovrynBTC and need to get your stack onto @RSKsmart, consider reading through my get-started guide first:

If you appreciate me and like to help a pleb out with sats, please help yourself out and stack through @Relai_app with my referral code SOVORI so you get 0.5% off the fees. Further discounts for DCA setup and amounts above EUR100.
LN donations are also welcome, see profile!🥳

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More from @sovereignorigin

Sovereign Origin 🥕/21M Profile picture
Jul 20
Alert! Starting the #SuperHodl trial on @SovrynBTC for those with access to Zero!
Want to join the trial of #SuperHodl by manually doing all the work? You'll see it takes some clicks. Every day. But then, you may see how it works and appreciate it :)

A thread!
Follow all steps in the thread below to start-up your line of credit, swap to XUSD, buy some #bitcoin and deposit XUSD to a lending pool for interest.
1) Go to live.sovryn.app/zero and login with your wallet (this example uses Metamask)
2) Click Open Line of Credit Image
Read 23 tweets
Sovereign Origin 🥕/21M Profile picture
Jul 5
Short mini-tutorial for those starting out with @SovrynBTC e.g. #DeFi on #bitcoin. Use your coins without KYC, lending pools, liquidity pools, spot, margin and limit trading, ... and of course #GetOnZero!

A short thread on my @RSKsmart onboarding experience. It may help you!🧵
First things first. You need a wallet that supports RSK!
Beyond @MetaMask, ..., I prefer a hardware wallet and happened to have a @Ledger.
It supports RSK /w the RSK app, which is not supported in Ledger Live. So you can connect to Sovryn and RSK, but won't see TXs. What to do?
Pro tip: you can connect your Ledger on app.mycrypto.com and use it to transact on the RSK main chain! You will need this later on. For now, it can already help you to identify which addresses you have on RSK. If you connect to Soryn with your HWW, the address is the same.
Read 17 tweets
Sovereign Origin 🥕/21M Profile picture
Apr 23
Short update on #SuperHodl, the automated savings algo based on Zero loans by @SovrynBTC. Still alive & still sim. only:
- data analysis: the algo vs price trajectories (#bitcoin & alts backtests, forecasting)
- algorithm improvements (liquidation likelihood vs mean gain)
🧵👇
#bitcoin is a good coin. Like, statistically and historically, it has performed very well on the algorithm.
We have now ran the algo on DOGE, BSV, MIOTA and XRP. The algorithm survives none of the pump 'n dump schemes that these coins represent.
No surprise here :-)
The algorithm shows, in price forecasting, that Zero-loan liquidation is possible if average daily price drops are large enough (for long enough periods of time). In backtesting, it's all good.
The algorithm cannot do magic. Several safety mechanisms have improved the resilience.
Read 5 tweets
Sovereign Origin 🥕/21M Profile picture
Feb 22
I present the #SuperHodl automated savings protocol using #bitcoin on @SovrynBTC 0% BTC-collateralized loans, lending pool and spot market products (not released yet).

Collateral ratio can be showed safe against backtesting.

Multiply your BTC over time!

Tagging @EdanYago

🧵👇 Image
Each data point here shows a different starting point in BTC's history, starting around 8 years ago and taking 50 steps in history incrementally, every time running a shorter and shorter period.

The blue line shows the BTC gains over that period.
The algorithm takes your stash, 0%-loans USD against it, and splits it up in margin BTC buys & lending pool deposit. Then, as price changes (daily in current algo), it decides on paying back the loan to keep CR within a safe zone (price drops), or buying more BTC (rising price).
Read 8 tweets
Sovereign Origin 🥕/21M Profile picture
Feb 20
~3 months until ROI at current rates!

Shorting the ETH-BTC pair with @NiceHashMining, DCA into #bitcoin with a 6-GPU home #SolarPower setup.

The $BTC price has continued to evade my ROI price target, which decreases with increased revenues.

🧵with data👇 Image
Cost basis, inc. all energy costs & #Solar.

Winter dip passed and energy-based price discounts are back up to ~50%.

Average discount on market price since May '21 has been ~60%, with an average cost basis of around 15,000.- EUR/BTC.

Wish you could buy #bitcoin at that price? Image
#ROI over over time: I'm HODL'ing, while currently, the SODL approach would have been in my favor. Zoom out 😉
#BTC ROI is most relevant, i.e. "how much BTC could I have purchased in May '21, instead of the miner, and how far along am I in mining that amount of BTC" -> 78%! Image
Read 7 tweets

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