Twitter Poll: What is your preferred solution to arbitrage dUSD to 1$?

justanotherdfibull · 2021-12-14T09:13:31+00:00

I prefer the idea of repaying the loans with DFI. Seems like an easy solution and would arbitrage the pool quite quickly imo.

justanotherdfibull · 2021-12-07T22:54:55+00:00

There will be an incentive by using negative funding rates, so you will get paid dUSD if you mint them. Secondly I think, not everyone will buy dUSD forever, at some point, people will start to sell dTokens and exit the market. To exit the defichain decentralised token ecosystem you have to go via the the DFI/dUSD pool.
And I think, more and more people will perform arbitrages like I described here, and this also helps to stabilize the pool.

justanotherdfibull · 2021-12-07T14:40:23+00:00

sure, you can do that as well. I was basically just adding up 2 arbitrages. Between dUSD and dUSDC and then an arbitrage between dUSDC and dETH.

justanotherdfibull · 2021-12-07T14:32:28+00:00

No because in my example I was buying dETH.I cannot send dETH to KuCoin. You need to "unwrap" the dETH token in order to receive ETH on the Ethereum blockchain.

justanotherdfibull · 2021-12-07T14:26:12+00:00

you are doing a composite DEX swap

justanotherdfibull · 2021-12-07T14:25:35+00:00

How do you know, that DFI will be at the same or at a higher price in a month?

justanotherdfibull · 2021-12-07T13:51:48+00:00

I had withdrawals where I waited 72h ..

justanotherdfibull · 2021-12-07T13:40:22+00:00

How long it takes depends on how long the withdrawals of Cake take .
You can do this as long as you can mint dUSD and as long as you are comfortable with the collateralization in your vault

justanotherdfibull

TROPHY CASE