Scrap my previous comment. I went in deep into the polygon scanner and I think I understand my confusion! Post about it coming soon
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Scrap my previous comment. I went in deep into the polygon scanner and I think I understand my confusion! Post about it coming soon
@myfreebtc this is internal arbitrage doing it's thing. During times of high volume, spitting out a lot of pHBD and HBD.
We've also tested the use of synthetics to further deepen the revenue of it - last month it made ~$6,128 off of HBD and spHBD alone.
We still have quite a bit of testing and refining to do but at these early stages, we're excited to see how much POLYCUB gets bought back by having this arbitrage mechanism hold HBD, pHBD (and soon, HIVE) and transacting it regularly
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