My best day at Pegaxy!

February 2, 2022. No. 146

As everyone knows, a few days ago I've been running a Pegaxy from @PVMihalache and 6 days ago I added 2 more Pegaxys from Chad's P3 Racing guild to my profile. In total, I now have 46% Shared Profit between the 3 Pegaxys. I have to run about 72 races every day. I manage to connect in the day about 3 times to be able to drain all the energies and that nothing is wasted, after all, stopping running is not an option. If you stop racing, you'll be missing out on a chance to finish in the top 3 and earn some VIS.

Do you know that the price of VIS is through the roof? Today it has surpassed $0.23 USD. Just a few days ago it was at $0.13 and we already thought it was super high and now it continues to surprise us all. The point is that the guys at Pegaxy are doing an excellent job, in all aspects. They have managed to find the perfect formula, and they have a token burning system and a way to claim the game tokens, which guarantees the stability of the VIS in the market. If you claim your VIS in the game, you must wait 14 days to claim them again, that is, the counter resets.

I started at Pegaxy on January 15, 2022. I had only one horse with 26% for myself. For 14 days I was running it and managed to accumulate about 1258 VIS in that time. I claimed them when the counter reached zero and sent them to my Metamask.

Later I heard that in kyberswap they had a Pool with a huge APR and I wanted to enter. I was still going to exchange half of my VIS at that time for USDT and HOLD the other party. So I selected to enter the Pool using a single token, and automatically the page would do everything for me, I just had to approve the contracts. USDT/VIS with an APR above 600%, which was fluctuating, but always very high. At this time I had never experienced Impermanent Loss before, I had heard of it, but experiencing it firsthand is another story. My VIS was exchanged for USDT and I entered the Pool. So I had 0.02% of this pool. The VIS price at that time was $0.13.

When the VIS began to rise in price, the ones I had in my Pool began to fall and the USDT to rise, this was obviously generating more profit in my liquidity. Obviously, when doing the accounts, I always thought that I was losing money, then I realized that I was not earning enough if I had only HOLD my VIS and sold them now. This is clear, if they had HOLD and not sold them at $0.13 and selling them now at $0.22 would generate a little more money. But then I realized that if I had already traded them to USDT (the damage was already done), the best way to keep increasing the money is to put them in the Pool since it generates much more than just holding it out. I hope you can understand this tongue twister, but to help you more, I'm going with the math of it.

Initial entry: 1258 VIS

If I just HOLD, and right now sell everything at the price of $0.22, it would be $276 USDT

Apart from the Pool was exchanged for USDT, thus:

497 VIS

$96 USDT

If immediately after making this change, I left the Pool and HOLD my VIS and USDT in my wallet, if I would sell them now, it would be 497 * $0.22 = $109 + $96 = $205 USDT

As I am still in the Pool, I currently have $218 USDT of liquidity in total, corresponding to $140 USDT and 348 VIS. This is $13 USDT more in just 5 days.

The biggest difference would be in the case of not having made the decision to sell my VIS in the beginning, obviously. But you never know where the price will go and these are decisions you make in life.

I hope you understand, @emily2u I hope that was clear. In your case, you entered with VIS and with USDT that you already had in your wallet, in all cases you are earning much more because of that, because you did not sell your VIS at such a low price.

How was Pegaxy today?

Today has undoubtedly been the best day since I started running. Look at these numbers:

• Elesana (PVM 26%) = 6/0/0 = 630 VIS in total (ATH for 24 races). 163 VIS for me.

• 100 Stacks (Guild 10%) = 4/0/3 = 498 VIS (ATH for 24 races). 50 VIS for me.

• ACER (Guild 10%) = 3/1/2 = 411 VIS (ATH for 24 races for me). 41 VIS for me.

If we add up, today I made 254 VIS, which would be about $56 USDT right now. Not bad for scholars, right? I made in just 6 days 1116 VIS.

Thank PVM and Guild Chad's P3 Racing for giving me the opportunity to race their Pegaxys. I've already grown fond of them. I really like keeping his statistics, especially the graph that nobody understands, but that fascinates me.

It tells me the dispersion of their places in the races, and how often they come out on top or not. In the case of Elesana, he is a fanatic to be in 4th place (68 times).

Thank @Niazi420 for renewing their sponsorship. Thank you friend, the gesture is greatly appreciated.

See you tomorrow. Thanks for reading me today.