Wednesday 23 Nov., 2022
NEW RECOMMENDATIONS ARE IN
The following changes need to be implemented:
ETH: swapping fee at 0.3156% (from 0.2337%) with TL @ 93.0860% (no change)
LINK: swapping fee at 0.5328% (from 0.7796%) with TL @ 91.0000% (from 69.1185%)
DAI: swapping fee at 0.8006% (from 0.7501%) with TL @ 92.0000% (from 81.4083%)
WBTC: swapping fee at 2.3090% (from 1.4771%) with TL @ 94.0274% (no change)
Note: TL baseline is extracted on-chain at the time of recommendations posting (1 minute prior to). On that day, the v2.1-v3 migration moved TVL as a one-off adjustment, explaining the momentarily change in TL occurring at the same time we pushed the recommendations. TL went back on the proper levels immediately after.
1 Like
Thursday 24 Nov., 2022
NEW RECOMMENDATIONS ARE IN
The following changes need to be implemented:
ETH: swapping fee at 0.1055% (from 0.3156%) with TL @ 94.0000% (from 90.7604%)
LINK: swapping fee at 0.2684% (from 0.5328%) with TL @ 91.0000% (from 98.3101%)
DAI: swapping fee at 0.8006% (no change) with TL @ 92.0000% (from 93.7316%)
WBTC: swapping fee at 1.0614% (from 2.3090%) with TL @ 94.6438% (no change)
1 Like
Friday 25 Nov., 2022
NEW RECOMMENDATIONS ARE IN
The following changes need to be implemented:
ETH: swapping fee at 0.3762% (from 0.1055%) with TL @ 94.0000% (from 92.3343%)
LINK: swapping fee at 0.7270% (from 0.2684%) with TL @ 91.0000% (from 93.3260%)
DAI: swapping fee at 0.8006% (no change) with TL @ 92.1555% (no change)
WBTC: swapping fee at 0.6946% (from 1.0614%) with TL @ 95.3179% (no change)
1 Like
Saturday 26 Nov., 2022
NEW RECOMMENDATIONS ARE IN
The following changes need to be implemented:
ETH: swapping fee at 0.1400% (from 0.3762%) with TL @ 94.0000% (from 91.6544%)
LINK: swapping fee at 0.2237% (from 0.7270%) with TL @ 91.0000% (from 94.4446%)
DAI: swapping fee at 0.8006% (no change) with TL @ 92.7004% (no change)
WBTC: swapping fee at 0.4574% (from 0.6946%) with TL @ 94.8886% (no change)
1 Like
Sunday 27 Nov., 2022
NEW RECOMMENDATIONS ARE IN
The following changes need to be implemented:
ETH: swapping fee at 0.4410% (from 0.1400%) with TL @ 94.0000% (from 92.1901%)
LINK: swapping fee at 0.7207% (from 0.2237%) with TL @ 91.0000% (from 95.3337%)
DAI: swapping fee at 0.8006% (no change) with TL @ 93.0469% (no change)
WBTC: swapping fee at 0.4574% (no change) with TL @ 94.0000% (from 95.7741%)
1 Like
Monday 28 Nov., 2022
NEW RECOMMENDATIONS ARE IN
The following changes need to be implemented:
ETH: swapping fee at 0.6632% (from 0.4410%) with TL @ 94.0000% (from 91.6234%)
LINK: swapping fee at 0.9398% (from 0.7207%) with TL @ 91.0000% (from 95.8211%)
DAI: swapping fee at 0.8006% (no change) with TL @ 92.2093% (no change)
WBTC: swapping fee at 0.4574% (no change) with TL @ 94.0000% (from 92.0687%)
1 Like
Weekly Report - Week#47 - Nov 21th-Nov 27th
Almanak Weekly Report Web Access
3 Likes
Tuesday 29 Nov., 2022
NEW RECOMMENDATIONS ARE IN
The following changes need to be implemented:
ETH: swapping fee at 0.9540% (from 0.6632%) with TL @ 94.0826% (no change)
LINK: swapping fee at 1.2002% (from 0.9398%) with TL @ 91.0000% (from 94.1476%)
DAI: swapping fee at 0.8006% (no change) with TL @ 92.3784% (no change)
WBTC: swapping fee at 0.4574% (no change) with TL @ 94.0000% (from 97.5205%)
1 Like
Wednesday 30 Nov., 2022
NEW RECOMMENDATIONS ARE IN
The following changes need to be implemented:
ETH: swapping fee at 0.9540% (no change) with TL @ 94.0000% (from 91.3162%)
LINK: swapping fee at 1.2002% (no change) with TL @ 91.0000% (from 97.5318%)
DAI: swapping fee at 0.8006% (no change) with TL @ 92.4276% (no change)
WBTC: swapping fee at 0.4574% (no change) with TL @ 94.0000% (from 91.3918%)
1 Like
Thursday 1 Dec., 2022
NEW RECOMMENDATIONS ARE IN
The following changes need to be implemented:
ETH: swapping fee at 0.8667% (from 0.9540%) with TL @ 94.0000% (from 91.2279%)
LINK: swapping fee at 0.8364% (from 1.2002%) with TL @ 91.0000% (from 97.6351%)
DAI: swapping fee at 1.3481% (from 0.8006%) with TL @ 92.4634% (no change)
WBTC: swapping fee at 1.2687% (from 0.4574%) with TL @ 94.0000% (from 91.3762%)
1 Like
Friday 2 Dec., 2022
NEW RECOMMENDATIONS ARE IN
The following changes need to be implemented:
ETH: swapping fee at 0.3217% (from 0.8667%) with TL @ 93.0656% (no change)
LINK: swapping fee at 0.7506% (from 0.8364%) with TL @ 91.0000% (from 96.0903%)
DAI: swapping fee at 1.1375% (from 1.3481%) with TL @ 92.0000% (from 89.9267%)
WBTC: swapping fee at 1.0343% (from 1.2687%) with TL @ 94.0000% (from 92.4667%)
Saturday 3 Dec., 2022
NEW RECOMMENDATIONS ARE IN
The following changes need to be implemented:
ETH: swapping fee at 0.3217% (no change) with TL @ 94.0000% (from 91.7829%)
LINK: swapping fee at 0.8759% (from 0.7506%) with TL @ 91.0000% (from 97.3237%)
DAI: swapping fee at 1.1375% (no change) with TL @ 92.0000% (from 89.6862%)
WBTC: swapping fee at 0.8987% (from 1.0343%) with TL @ 94.0000% (from 92.4667%)
Sunday 4 Dec., 2022
NEW RECOMMENDATIONS ARE IN
The following changes need to be implemented:
ETH: swapping fee at 0.8297% (from 0.3217%) with TL @ 94.0000% (from 92.1379%)
LINK: swapping fee at 0.0807% (from 0.7506%) with TL @ 91.0000% (from 97.3408%)
DAI: swapping fee at 1.5608% (from 1.1375%) with TL @ 92.0000% (from 89.6359%)
WBTC: swapping fee at 1.2906% (from 1.0343%) with TL @ 94.0000% (from 92.4441%)
Monday 5 Dec., 2022
NEW RECOMMENDATIONS ARE IN
The following changes need to be implemented:
ETH: swapping fee at 0.6812% (from 0.8297%) with TL @ 92.7438% (no change)
LINK: swapping fee at 0.9175% (from 0.0807%) with TL @ 96.3086% (no change)
DAI: swapping fee at 0.5723% (from 1.5608%) with TL @ 93.6551% (from 90.4747%)
WBTC: swapping fee at 0.7165% (from 1.2906%) with TL @ 92.6335% (no change)
Weekly Report - Week#47 - Nov 28th-Dec 4th
Almanak Weekly Report Web Access
ANNOUNCEMENT :
The recommendation frequency is pushed to weekly since the very low volume renders daily recommendations ineffective, hence unnecessary
Weekly report will be maintained
2 Likes
Wednesday 14 Dec., 2022
NEW RECOMMENDATIONS ARE IN
The following changes need to be implemented:
ETH: swapping fee at 0.8273% (from 0.6812%) with TL @ 85.4628% (from 92.4991%)
LINK: swapping fee at 1.9102% (from 0.9175%) with TL @ 86.7495% (from 100.0000%)
DAI: swapping fee at 1.5619% (from 0.5723%) with TL @ 75.2182% (from 91.4637%)
WBTC: swapping fee at 2.0629% (from 0.7165%) with TL @ 89.3909% (from 92.3567%)
Monthly Report #1 - Nov 14th - Dec 13th
Almanak Monthly Report Web Access
Key facts
Overall protocol deficit declined over the month
Fee recommendations are accurate and synced with market liquidity/volatility
Almanak-managed pools outperform the other pools, generating additional revenue
Monthly Results
Protocol Deficit : 1-month decrease of 16%, circa $5M
Swapping Fee : Overall increase of the fees to support the revenue while striking the balance with required arbitrage volume
Trading Liquidity : TL maintained at historical levels and adapted to frequency switch (d to w)
Almanak Fee Perf. : Almanak fee maintaining upside atop the benchmark market fee (BMF) indicating outperformance
Almanak Pools Perf .: Ratio Fee/Volume above non-Almanak pools despite observed decrease in volume across the market
DAI vs Other Stables: Fee revenue trend for DAI pool compares steadily to other stables at slightly below level
Next Steps
We identified avenues of improvement/focus that we’ll address in the next month:
Monitor closely DAI pool vs other stables to avoid structural breaks
Implement the similarity metric we have developed to assess structural breaks
Optimizing the TL with a 5% step instead of decimal to align operational update process
Continue improving the report to make it more legible, more insightful
1 Like
Wednesday 21 Dec., 2022 – WEEKLY UPDATE
NEW RECOMMENDATIONS ARE IN
The following changes need to be implemented:
ETH: swapping fee at 0.8273% (no change) with TL @ 84.6602% (no change)
LINK: swapping fee at 1.9102% (no change) with TL @ 86.9419% (no change)
DAI: swapping fee at 1.5619% (no change) with TL @ 72.5865% (no change)
WBTC: swapping fee at 2.0629% (no change) with TL @ 87.2917% (no change)
1 Like
mh89spd
December 28, 2022, 4:50pm
39
How would you comment the LINK pool volume ? LINK pool = $11,352,667 . In the last few days we have this volumes :
I mean,I myself made more volume with Link on another chain.Do you really think these recommendations work? $8777 in volume for a $11M pool.With a 1.91% fee that’s $170 in fees in a week from one of the biggest pools in Bancor? Uni LINK / ETH has $2M in volume from a $17M liquidity. I know it’s like comparing apples and oranges,but still,the difference it’s absolutely gigantic.
1 Like
No new recommendation in the last 15 days? Is everything ok ? Also,did you have time to check my post? I would love to hear an objective answer.Thank you.