Volatility = Vitality
Damn, I love that from LeoStrategy!
https://inleo.io/threads/view/leostrategy/re-leothreads-2ajszsyzk?referral=leostrategy
The market is chopping?
Well, perfect.
While our low volume, cross chain token does its thing, the LeoStrategy arbitrage bot is printing money.
The team just reported that in just 15 minutes, their bot made four trades and pulled in around $3.75 profit.
Sure, that's peanuts.
But if you annualise those peanuts, you get $130,000 a year from LEO cross-chain pairs alone.
Remember with the pre-sale still going on, there are no SURGE pairs yet to add to the numbers.
No LSTR pairs yet (waiting for SURGE to move to base to hit them all at once?).
I'm not sure on the details, but they're coming soon.
And what happens to those bot profits?
They're used to buy LEO of course.
Every gap, every discrepency and every swap between chains, the bot is going to be clipping profit.
Real revenue that gets fed straight back into the system via LEO.
All pushing the flywheel to spin with more momentum.
Welcome to a new era of profitability for the LEO economy.
Best of probabilities to you.
Dane.
Posted Using INLEO
Market makers certainly do well with all the volatility. Then they buy Leo with the profits. So nice!🤑
LEO is the winner in the end :)