Some liquidations fulfilled on @TeamKujira ORCA, to wit: $LUNA at 8% (discount), $ATOM, 4.98%, and $stATOM at 7.31%.
I'm stash'n the $LUNA into Ghost Lend for the time being, awaiting it's triumphal return to $100+-per. 😎😅🙄
Just as self-liquidations on @TeamKujira BLUE can be used to arbitrate the (self-liquidated) asset.
Like: I've used an $ATOM self-liquidation to arb $ATOM, ...
Liquidations can be used to arbitrate $USK.
Think about it. You bid for a liquidation of an asset with $USK, then you get that liquidated asset at a discount AND at ATL. Isn't that like getting $USK at a discount?
Liquidity is liquidity.™️
So, to prove this out (to myself), I take the $stATOM I received from the ORCA liquidation fulfillment and place a sell order on FIN stATOM/USK order book.
When this order fills, let's see what the actual returns are.
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