already 7%, which is tempting enough, or the arbitrage bot can’t work
1 swap a day keep the shrimps feeded
Hi, what spread are you talking about?
What does this mean?
What I'm talking about is the current exchange rate issue. Why can't whales stabilize the exchange rate? This should be the lowest exchange rate in USDN history. Is it because of the restriction of NSBT that retail investors cannot participate in repurchase, whales can only repurchase once a day, and the amount is relatively small, so it is out of balance?
Dear Julia! Could you please tell me the difference between staking at app.neutrino.at/stake-nsbt and puzzleswap.org/nsbt/invest
Small NSBT stakers get the reward from the fees paid for the giant swaps.
Thank you for responding to him :) 💜
But, it’s not the spread, and the AMM bot works fine. These are too different meanings. As for the rest - that was heard several times. No need to start the old song again, waiting is the best strategy now if buing is not possible.
People dumping their usdn because of fear cause the price of usdn to go down that's all, if you buy now at this price you will probably be able to make 7% in less than 2 weeks
the lowest was at 17 May 2021 usdt/usdn was 1.14
Thank you, Dmitriy =)
Exactly and it didn't go to zero and it won't go to 0. Perfect moment to make some money easily with minimum risk
To respond to your questions about if a whale get liquididated do we get some usdn. You need to understand how it work. You lend money the money is used and the less available to borrow the higher the apr is to supply and to borrow. Than if someone supply 1m usdn at 20% apr and borrow 500k waves at 30%% apr is backing ratio is 2:1 but if price of waves he borrowed rise is backing ratio drop. And vice versa. Than the 10% apr difference mean he need to pay 10%/365 =whatever each day as debt. Than if it's backing ratio goes to 95% he get liquidated which means his supply is used to repay the borrow. This is how it work
Actually the last part about liquidation I might be wrong.
yes it's wrong. say i have supplied 10k usdn and borrowed 5k usdt. my acc health goes below 0 if you're a liquidator you can now repay up to 50% of my debt and get up to 55% of my usdn supply in return so suppliers of usdt still get their usdt
On the Neutrino website you stake you NSBT and get gNSBT which you can use to vote or swap WAVES<>USDN, get the reward from the fees as well, providing liquidity with your NSBT for puzzle you’ll get sNSBT which can be traded on the market (no guarantee 1:1), the reward from NSBT staking + reward from using the pool by other users.
How you pay 55 if have only 50?
You’re always welcome.
I understand that there is a risk of appreciation or depreciation of the borrowed tokens. Thank you. I am now considering whether the current price of USDN is attractive to arbitrageurs, and the exploration of the arbitrage mechanism, because I have only been in contact for a few days.
Обсуждают сегодня