1/ During the de-peg of UST, between 05/09 and 05/11, an opportunity to arbitrage UST and LUNA between Terra's market module and centralized exchanges (CEX) appeared. Numerium3 implemented an automated arbitrage loop to benefit from these inefficiencies and generate returns.
And we finalized!
Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today.
1/ Nomad just got drained for over $150M in one of the most chaotic hacks that Web3 has ever seen. How exactly did this happen, and what was the root cause? Allow me to take you behind the scenes 👇
3/ With our calculator, you will be able to know what amount of supply you can reach by looping your initial capital. A key factor will be the maximum loan-to-value of your asset on the lending protocol.
1/ Want to estimate what APY you can earn on your capital by looping on lending protocols like Aave, BenQi, or Compound and their forks? We put together a simple calculator for you: https://t.co/DRltfdZAaz
2/ If you are unfamiliar with looping, looping is when you supply an asset as collateral, borrow the same asset, and use the borrowed asset as collateral to borrow again, resulting in leveraged farming.
Using the same asset as supply and borrowing removes the risk of liquidation.
1/ During the de-peg of UST, between 05/09 and 05/11, an opportunity to arbitrage UST and LUNA between Terra's market module and centralized exchanges (CEX) appeared. Numerium3 implemented an automated arbitrage loop to benefit from these inefficiencies and generate returns.
Have stablecoin pairs maintained peg during volatile market conditions? How can on-chain limit orders spur sustainable stablecoin liquidity?
In the fifth installment of a series from @CrocSwap, @0xfbifemboy explores concentrated stablecoin liquidity.
https://t.co/CdcCorFqxN
17/ Overall, this experience reinforced our core belief that infrastructure quality and short decision cycles favor incredible returns. We are constantly assessing market opportunities and identifying opportunities that are in line with our market-neutral strategy.
16/ Over the course of 3 days, between 05/09 and 05/12, we deployed significant capital to complete hundreds of arbitrage loops, with returns ranging between 10% to 30% for every loop.