I discovered an opportunity by chance, and I risk-free arbitraged $120,000 by buying low and selling high within a month.
#Arbitrage Memoir
💰 I discovered an opportunity by chance, and I risk-free arbitraged 2 BTC by buying low and selling high within a month, which was worth about $120,000 at the time.
🧑💻 Next, I will share the process of discovering that opportunity, as well as the thought process and implementation code.
1️⃣ In January 2024, when the inscriptions were trading hot, besides inscriptions, I noticed another protocol, the Lightning Network Nostr. At that time, Nostr offered airdrops worth hundreds of USDT upon registration, which quickly became popular on Twitter. I participated with a small amount, and soon it multiplied several times.
Essays "Graduating from Elementary School Can Still Arbitrage" Author: ⚡️0x0⚡️
You can arbitrage even if you are a little chicken.
After learning so many arbitrage methods, You will find in the end It's not that complicated. You can arbitrage with just an elementary school education. You only use +, -, ×, / every day. The only thing that sets you apart from others is Your familiarity with the market. It's like a person who visits the market every day, Comparing prices at three different stores, Understanding the sources of goods And the prices at each store. When the market fluctuates, Arbitrage opportunities Naturally appear before you.
Benefits for ATOM Stakers are Here The Elys network is about to airdrop, potentially becoming a token that continuously reaches new highs like Hype
Requirements: 1. Stake at least 50 2. The validator you staked with voted on Proposal 897
Rewards: 17.61 EDEN~30EDEN Claim: 1. EDEN can be staked to receive ELYS as staking rewards 2. EDEN can also choose to linearly unlock into ELYS within 3 months
USUAL recently released the white paper "Usual: Money Flows as Usual". I spent some time analyzing its token economics and found that this will become a spiraling token that continues to enjoy the benefits of protocol development.
[TLDR] I think the most valuable points are: 1️⃣USUALx (staked USUAL tokens) holders participate in the daily distribution of USUAL, which is 10% of the total USUAL minted by the protocol. This distribution mechanism provides a hedge for the large-scale issuance of USUAL and rewards users who participate in the ecosystem for a long time. 2️⃣USD0++ One of the ways to redeem USD0 in advance is to destroy a certain amount of USUAL and redeem USD0 1:1. 33% of the USUAL destroyed during the redemption process is allocated to USUALx holders. (33.33% will be destroyed, 33.33% will be allocated to USUAL*, and another 33.33% will be allocated to USUALx) 3️⃣Incentive allocation can be adjusted through USUAL governance, and the scope of the pool can be expanded as needed. USUAL holders are given the ability to guide liquidity. In the world of Defi, the ability to guide funds is of great value. 4️⃣The number of USUAL distributed decreases in proportion to the growth of locked TVL. The anti-inflation token distribution model will make the later acquisition cost of USUAL higher and higher. The rise in the price of USUAL tokens will attract more USD0++ to enter the protocol, thereby generating more USUAL output, and early USUAL pledgers can enjoy a 10% reward during the increase. The cash cow value of USUAL is discovered, causing the price of USUAL to continue to rise. This creates a spiraling cycle model.
In the white paper, there are very detailed token economics, including the minting/redemption/incentive mechanism of USD0/USD0++, the economic rights and governance rights of USUAL, and risk management measures. If you want to know more, please read it carefully.
Related: 1. https://docs.usual.money/resources-and-ecosystem/whitepaper [《Usual:金流如常》 White Paper] 2. https://x.com/0x0_zero/status/1811327476045648272 - RWA Stablecoin Project Investment Research Analysis]
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