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nokodemion

03/16/22 8:52 AM

#794 RE: lostcowboy #793

Hey lost cowboy,

I used AIM with crypto the last 5 years, also with some tweaks. It was good for me, but meh... it's not performing really good, it performs decent.

And many times the last years everytime synchrovest came up in my mind.
I build a bot, using synchrovest... a beta version just to see if I could automate it. But nothing serious.

And still, its haunting me, to start that project again.

The problem is, how can we use synchrovest in the following setup.

There is coin X

When I stake this coin X I receive 3.x% APR a year. Payout as soon its greater as 0.001 coin X. And when staked, I can delegate it and make 25%-50% APR Payout every /hour-day.

Now this is all on a blockchain. The delegation payouts, I can send to my exchange as coin X every hour. So its accumulating there.

Now comes synchrovest.

Suppost I invested 1000 USD in coinx, I stake this and delegate it.

On the blockchain. 3.X% staking rewards will grow my 1000 USD. Compounding. Its not liquid. Unstaking is 30 days weekly payout 4 parts.

But the 25%-50% APR delegation payout I receive liquid every hour. I can send this to my account on the exchange or I stake it again adding to the 1000USD I Invested and staked. Compounding.

Now averaging... comes in... those liquids delegation rewards would be nice to stake only if the coin x price is a percentage lower then my average price staked.I can automate that. Say only when the coinx price on the exchange is say 10% lower than my average stakes price, stake the rewards otherwise when coinx price on exchange is higher than my stakes avergae price send it to exchange and sell it market/limit, whatever the price is. This will accumulate my cash balance.

Now when there would be a drop in coinx price, say 20% lower than my average staked price, then buy 20% of my whole cash balance, and send it to the blockchain and stake it. We will get a much lower average staked price. When it drops again 20% buy another 20% etc.

Rinse and repeat.

Next to that I put into cash 10USD a day. I used my cash balance with a limit say 20%, everyhting above that, I buy Stable Coins, on the exchange and get a 6.10% APR in stable coins. USDC for example.

This is totally not optimsed. Would love to hear your take on it.

There are many states involved, what todo when??? What is optimal?

There is no sell all moment. Etc.

Do you use discord? maybe we could chat, My english is not very good. But It will be fine.

Regdards,