@MikeBurgersburg Really starting to see the dark side of the FTX cross collateral system after the collapse.
Sounds like a highly profitable trading strategy that doesn't even require any dumping.
@Tree_of_Alpha Your insights on news trading and how you approach it have been very interesting to follow. Especially as someone who used to think of it as "far too difficult and competitive". This recent one helped me on how to prepare and plan for an event.
https://t.co/G1ZdrX2LQI
@azidynamics @YeetedXBT@m1gicturtle@godcomplex96 Would also be pretty lit to be able to do this for click order placement such that you can set size once and then use a hotkey to enable it when needed. That way you won't have to stay on the click menu to keep using it.
My conclusion is that @picklefinance estimates actual performance more accurately while @LooksRareNFT underestimates actual performance.
My hindsight calculations are of course much simpler than the actual calculations needed to estimate future APY.
@LooksRareNFT It seems like your LOOKS Compounder APY estimate is much lower than the actual APY. π
In exactly 4 days I've earned 2.05% interest ~ 0.51%/day.
If I calculate an estimate based on the values shown I end up with 543.89% APY with daily compounding. π
I calculated the APY like this:
(1 + ((8279.26 - 8113.25) / 8113.25) / 4)^365 - 1
I was previously using the @picklefinance jar and was confused that the new compounder had a lower APY, when it should be higher due to more compounds and no performance fee.