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.
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)
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)
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)
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%)
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%)
Weekly Report - Week#47 - Nov 21th-Nov 27th
Almanak Weekly Report Web Access
2 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%)
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%)
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%)
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.