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Bidask Protocol Bidask Protocol @bidask · 2.47K subscribers
Post #343 345
💱 New Pool: $KITO / $SNOOP!

Yep, you read that right. Memes on both sides.

Does that mean X's from both sides too? 🚀 Or is this just a perfect arbitrage opportunity?

Let's be real: this is a perfect arbitrage opportunity. Any price difference between this pair and the main pools (KITO/TON and SNOOP/TON) will be instantly flattened by traders looking for a quick profit.

These constant rebalancings are, in effect, hundreds of trades.

And what do hundreds of trades mean? That's right: VOLUME.

And what does volume mean? FEES for liquidity providers.

Essentially, you provide liquidity, and the market itself works for you 24/7, printing your yield. So yeah, there might be X's from price action, but the guaranteed profit is the high APR from fees.

The pool is open. Good luck: https://bidask.finance/en/app/pools/0:09683a0046150ceabd6596c61c89a136d6edd583b61bcbba0fd43a67d5ded1d2

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