Hi!
At the beginning of this year, I started a challenge related to Splinterlands Market Pools. You can read about it in this post
In this article, I would like to share the status after the first 20 weeks.
What do I do every Sunday?
As I described in my initial post, I provide 10k DEC worth of liquidity to the five pools (2k each) each week. I also try to maintain the balance between them (20% each), so if one liquidity contains more value, I will put less DEC into that.
Steps for each pool:
- Calculate how much DEC I will invest in the pool (e.g., 2000 DEC)
- Buy the particular asset for half of the DEC (e.g., GRAIN for 1000 DEC)
- Put the remaining DEC and the asset into the corresponding pool (DEC-GRAIN)
Why are we starting immediately with a -10% loss?
I wrote about this in my first article
Aggregated transactions (week 11-20)
| Market | DEC Investment | Asset Investment | Asset Amount | Average Asset Price |
|---|---|---|---|---|
| VOUCHER | 6,486.274 | 7,207.085 | 215.505 | 33.44277 |
| GRAIN | 9,498.855 | 10,554 | 735,865.127 | 0.01434 |
| WOOD | 8,981.692 | 9,979 | 352,597.682 | 0.02830 |
| STONE | 9,815.116 | 10,905 | 99,858.249 | 0.10920 |
| IRON | 12,589.004 | 13,987 | 42,150.936 | 0.33183 |
| Total | 47,370.941 | 52,632.085 |
Asset price changes
| Name | Initial Price (01.04) | Current | Change | Change % |
|---|---|---|---|---|
| VOUCHER | 35.58400 | 34.43152 | -1.15248 | -3.24% |
| GRAIN | 0.01944 | 0.01309 | -0.00636 | -32.70% |
| WOOD | 0.06310 | 0.02822 | -0.03488 | -55.27% |
| STONE | 0.09417 | 0.09721 | 0.00305 | 3.23% |
| IRON | 0.49252 | 0.25513 | -0.23739 | -48.20% |
Currently, only the change of STONE is slightly positive :S
Portfolio Status
| Market | Investment | DEC Value | Asset Value* | Total DEC Value | Profit | Profit % | Percentage |
|---|---|---|---|---|---|---|---|
| VOUCHER | 34,301 | 18,134 | 16,321 | 34,455 | 154 | 0.45% | 20.07% |
| GRAIN | 41,040 | 18,009 | 16,208 | 34,217 | -6,823 | -16.63% | 19.93% |
| WOOD | 40,739 | 18,135 | 16,322 | 34,457 | -6,283 | -15.42% | 20.07% |
| STONE | 38,438 | 18,037 | 16,233 | 34,270 | -4,168 | -10.84% | 19.97% |
| IRON | 45,479 | 18,026 | 16,223 | 34,249 | -11,230 | -24.69% | 19.95% |
| Total | 199,998.053 | 90,341 | 81,306.9 | 171,647.9 | -28,350.153 | -14.18% | 100% |
* Asset value = 0.9 x DEC value
Summary
We are nearly halfway and have a -4.18% loss relative to the initial 10%. Despite the huge negative price changes, this is not good, but not terrible 馃檪. VOUCHER is currently the best-performing asset, and IRON is the worst.
We will see 馃槈
Thank you for reading this!
Peter