Kujira Ghost arbitration: borrowing, lending, bidding with x-tokens

Let's look at a 3rd way to arb with Ghost on @TeamKujira.

First, we borrow an asset (which asset?)

Then, we lend that borrowed asset to get x-asset.

Finally, we bid on a liquidation with that x-asset.

That's the plan.

How do we do this?

First, let's examine the marketplace.

You see from the ORCA marketplace (OT) that there are 4 markets with volume, but three of them are overbid, particularly $xKUJI, so, let's stay away from that one. One market, $stATOM, has a lot of liquidity but hardly any bids, so: I loan myself $stATOM, lend that to get $xStATOM, and then bid on ORCA with those x-tokens.

When that liquidation is fulfilled, I'll buy-back $stATOM at market price with the discounted $USK, pay back the $stATOM to close the borrow, and keep the overage.

YAY!

This approach was inspired by a tweet from @DeFi_N00b who ran this arb quite successfully.