$LUNA Someone check out the terraswap manipulation happening right now wtf is this
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Its called an arb - arbs make markets more efficient
You should do it too!
And a stack that size in a deca billion network is more of a herring (red) than a whale ;)
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But an arbitrage of $200,000 UST profit on a single 1 million swap?
finder.extraterrestrial.money/mainnet/tx/AFB
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Join them and squeeze the margin! When the mktcap and cex liquidity of the asset is v large and prices volatile, opportunity manifests
I had to stop using terraswap due to slippage and lagging price feeds … not sure if it’s a liquidity issue or AMM algorithm. Would rather trade large blocks of Luna and UST on a CEX. still love the project
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How high did you set it?
Not new to arb, but I've never seen a chart that ugly because of arb
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Yup it was not normal:
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Apparently even Do is unaware of the oracle issues. I don't like the ignorance, so i'm calling it out. twitter.com/stablekwon/sta…
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