WLEO vs ETH - How Does That Work?

in LeoFinance2 months ago (edited)

In this video I walk through how the price of $WLEO and $ETH are inversely related in the Uniswap pool.

image.png

image.png

Posted Using LeoFinance Beta

Sort:  

3000 ETH doesn't sound like much you know!

Posted Using LeoFinance Beta

Thanks for the review of the impact of dollar equivalent portions on pair component prices. It looks like following the pool for large trades and pool dictated price adjustments could generate Arbitrage opportunities fir people with liquid WLEO and Ethereum?

Posted Using LeoFinance Beta

It certainly does. There are often arb opportunities between WLEO on ethereum and LEO on leodex/hive-engine. Not so much on ETH just because the ETH universe is so much larger.

Posted Using LeoFinance Beta