2023-04-10 Terra boneLUNA arbitrage

🚨🚨🚨ARBITRAGE OPPORTUNITY ON TERRA🚨🚨🚨

Hello, everybody, I'm BAAAACK! 😈

1. swap 25.5 $LUNA for 25.02 $bLUNA (BONE!) on @astroport_fi

2. 25-day unbond $bLUNA to 26.18 $LUNA on @BackBone_Labs&nbsp

including! fees this burn yields:

• 2.61% ROI, which is 39.72% APR 💥

Between @eris_protocol $ampLUNA arbitrage and @BackBone_Labs $bLUNA arbitrage (swap then unbond over 22+ days), currently at ~38%, there's potential to establish the "infinite $LUNA well."

I'll keep you posted with my daily reports on twitter and archived with the 'infinite well'-label. 

🚨🚨🚨ARBITRAGE OPPORTUNITY ON TERRA🚨🚨🚨

1. swap 37.76 $LUNA for 37.49 $stLUNA on @astroport_fi 

(better than the stake on @stride_zone)

2. bridge $stLUNA to @stride_zone using https://bridge.terra.money/

3. 25-day unbond $stLUNA to 38.46 $LUNA

yielding:

• 1.84% ROI which is 24.9% APR 💥💥💥