Friday, July 21, 2023

Cryptocurrency/Math pop-answer: KUJI/LOCAL

It's been a while, hasn't it! 😅 

This is the answer to the #cryptocurrency pop-quiz asking about KUJI/LOCAL trading and arbitration.

  • Ratio (average): 109.
  • sell back at market price: 86 KUJI, ROI on 76 $KUJI: 13%

Bonus

The straight swap from $LOCAL -> $KUJI, in this case, is the best bet. The LOCAL -> USK -> KUJI loses, quite a bit, in fact, against the direct swap back


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