How much arbitrage can you make like that? What do

Question

DeFiChain - International

David

How much arbitrage can you make like that? What do

you guess?

#blockchain #cryptocurrency #defichain #english

0

06.02.2022

2 ответов

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David Автор вопроса

DcShel Shelton
at the moment the dUSD is only 1.3% over price of ...

I did the vault when it was 20% or something

0

06.02.2022

DcShel Shelton · Accepted Answer

at the moment the dUSD is only 1.3% over price of a stable coin dollar like dUSDT or dUSDC. So if you didn't open a vault, take out a loan and mind dUSD ( it always mints at one dollar even) then all you could gain if you did it now is the 1.3% ( after minting you would need to swap to another coin like USDT. or DFI. you just need to watch the variations of DFI if you use it. Swapping to USDT you would now get 1.3% more. when price falls back to 1 dollar for dUSD, you could swap back what you need to pay back the loan and pocket the profit. Back when it was like 14% higher would have been ideal time to mint and swap and hold though. Other options is to swap to DFI and pay off loan with it, but it cost 1% more to do that so thats a wash at moment if price stays at 1.3 over until fork. If it rises back to 5% then yeah maybe if you do enough of a minting and trade.

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