Markets were down all day, so today was a chance to catch a breather.
So the Yearn.Finance ETH vault went live earlier today, and I managed to stake a small position plus another twenty dollars in gas fees. Apparently they’re depositing the funds in Maker, using it as collateral for a DAI loan, then depositing that on Curve, earning CRV tokens, selling those which goes back to the ETH pool.
I’m comfortable with these little 2% experiments and consider it as a sort of tution. Unchained covered why DEXs are taking off in this latest episode, and they really break things down quite well. It’s worth a listen.
I’ll admit I didn’t get a lot done today, I stayed up too late last night and got woken up too early by the kids. They were quite a handful today and it was tough trying to get some work done while nursing the lack of sleep.
About the only thing I did do was re-opened a position in $ZRX.
This isn’t ideal, considering that I just stopped out this position less than a week ago, but I want to explore picking up positions on the TD #9, before it closes. I’m still trying to flesh out the “rules” about how I’m going to set stops on these positions. Damn Binance and the lack of decent trailing mechanisms. I’ve got a lot of work to do to code these things up.
Using my Google Sheet trade calculators has become very cumbersome given that the CryptoFinance module that I had been using for price feeds no longer works. I had built custom API lookup scripts for some of the smaller markets in my mining portfolio, but it’s just too cumbersome keeping those together between various sheets. So I think the time is nigh to convert those over to some sort of Python program, maybe with a web front end.
I’m not sure how much work that’s going to be, of course.
All of this DeFi madness did get me to pick up Mastering Ethereum, which I started reading through today. Things seem to have come quite a ways since I tried experimenting with things a while back, now they have a online IDE that lets you compile, deploy and test smart contracts on a local JS node. It’s pretty handy, and the whole thing is pretty damn handy.