Terra 2.0 first look:
There are 4 places to arbitrate $LUNA burns:
- @staderlabs LUNA-LunaX
- @prism_protocol LUNA-cLUNA (not functioning yet)
- @LiquidSteaking LUNA-STEAK
- @eris_protocol LUNA-ampLUNA
There are several DEXen; I know two of them:
- @astroport_fi
- @terraswap_io
I don't see any viable arbitrage on $LUNA now. They all are net-positive with their multipliers, but, since gas fees are in $LUNA, you have to account for every transaction. I do. When the fees are included, the burn arbitrage gains evaporate.
No comments:
Post a Comment