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yyy-

It'S not that the algo for arbs is incorrect. It's

a timing issue. If you redeem for LUNA right? You need to sell it immediately to arb. But when the network is congested. Just getting to a centralized exchange is gonna take an hour. By then you're in the negative.

#blockchain #cryptocurrency #english #luna
0

2 ответов

4 просмотра
Squnchy-

But and sorry if my question is dumb If i burn 1 UST FOR 1 USD LUNA My wallet would show 1 USD WORTH of LUNA in my wallet ? For example 0.05 LUNA So you are saying is that by the time I am able to sell that 0.05 LUNA - the market price of it has gone down ?

0
10.05.2022
yyy- Автор вопроса
Squnchy
But and sorry if my question is dumb If i burn 1...

Yes. When the network is congested. Depositing to an exchange takes forever. And exactly that happens. If people expect it to happen they will stop arbing.

0
10.05.2022

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