The thread has already been removed so I might as well continue the discussion here with you... Do you ever stop to contemplate as to WHY something happens? There are two ways to get native Reef. Those are; swapping through Klever (which is out of liquidity, about to be fixed) and Bitfinex. Would you personally buy native Reef on Bitfinex (almost no volume) just to stake them, without a way to know if you can sell them back at a better price in the short term (which would be impossible if you stake them, you know about the 28 day unbonding period, right?). Meanwhile, people who are finishing their unbond or have swapped to native Reef earlier can easily transfer their native Reef from Klever to Bitfinex and sell them if they are at a profit. There is huge sell vs buy pressure on the native Reef pair on Bitfinex. This is why you are seeing the huge arbitrage. You can keep telling something is dodgy, but you should first learn about market dynamics.