This week's update is a bit unusual in that we've heavily pivoted our short-term focus based on experience in the market. Beginning around March 13th or 14th we began to notice our notional profitability falling sharply on pairs we had been emphasizing (SRM/USDT, SOL/USDT, and several others), and while not conclusive, there was persuasive circumstantial evidence of other actors in those markets who were either fairly advanced, had unlisted fee structures, or both. In response to this we have overhauled our short-term priorities to narrow the gap and restore notional profitability.
Johnny Stack johnnystackone
johnnystackone
/ 202103.md
Created
March 24, 2021 00:13
johnnystackone
/ diffe-qa.md
Created
March 22, 2021 23:44
Cryptography (roughly, the invention of tools for securing information) and cryptanalysis (roughly the study of those tools, specifically to find weaknesses) are two deeply related fields with a fundamentally adversarial relationship. Code makers are ongoingly looking for ways to make cryptosystems more robust. There is ongoing innovation is hardening cryptosystems and specifically "future-proofing" them against likely developments over some time period. Code breakers (cryptanalysts) are ongoingly looking for weaknesses in cryptosystems, though innovations in this field are historically not always (or even often) public knowledge.
Whitfield Diffe is both a key figure in the development of practical cryptosystems as well as a vocal participant in the discussion of how such systems intersect with public life and the social contract between people and their governments. He would be uniquely positioned to opine thoughtfully on the c
johnnystackone
/ diffe-qa.md
Created
March 22, 2021 23:43
Cryptography (roughly, the invention of tools for securing information) and cryptanalysis (roughly the study of those tools, specifically to find weaknesses) are two deeply related fields with a fundamentally adversarial relationship. Code makers are ongoingly looking for ways to make cryptosystems more robust. There is ongoing innovation is hardening cryptosystems and specifically "future-proofing" them against likely developments over some time period. Code breakers (cryptanalysts) are ongoingly looking for weaknesses in cryptosystems, though innovations in this field are historically not always (or even often) public knowledge.
Whitfield Diffe is both a key figure in the development of practical cryptosystems as well as a vocal participant in the discussion of how such systems intersect with public life and the social contract between people and their governments. He would be uniquely positioned to opine thoughtfully on the c
johnnystackone
/ profitability.md
Created
March 18, 2021 20:04
All of our testing so far has been between sophisticated high-volume exchanges. It is possible if not likely that improverished exchanges (e.g. IndoDAX) represent the best ROI given our current infrastructure.
- try more tokens, run longer tests
- write program to listen on both binance and ftx sockets and calculate breakeven fee structure for straddle on various tokens throughout the day.
johnnystackone
/ profitability.md
Created
March 17, 2021 19:28
All of our testing so far has been between sophisticated high-volume exchanges. It is possible if not likely that improverished exchanges (e.g. IndoDAX) represent the best ROI given our current infrastructure.
- try more tokens, run longer tests
- write program to listen on both binance and ftx sockets and calculate breakeven fee structure for straddle on various tokens throughout the day.
johnnystackone
/ profitability.md
Created
March 17, 2021 18:39
johnnystackone
/ 202103.md
Created
March 16, 2021 04:20
johnnystackone
/ 202103.md
Created
March 16, 2021 03:38
johnnystackone
/ 202103.md
Created
March 16, 2021 03:02
johnnystackone
/ 202103.md
Created
March 10, 2021 16:54