The Cat May or May Not Have Completed His First ARB on WLEO/LEO

This is gonna be short and sweet cus its way past my bedtime! The screenshots will be limited.

But, as many others noticed the WLEO on Uniswap price was .56 cents tonight (57 cents thank to me wrapping 2,391 coins!

Let the arbitrage begin!

I've never arb'd LEO in the past when opportunity popped up, but this time I happened to have some ETH on my metamask that I planned to turn into USDT anyway, so why not use a LEO arbitrage as the conduit for that destination and make a few $$$ on the way

First came the unwrapping of the WLEO...

Then came the selling on leodex...

Luckily the dex had bids at 70 cents on average with some sales at 72 and some at 69.

Once that was all sold I now had swap.hive! With the recent pump in HIVE I wanted to get out of this asap just in case a sell off occurred!

So swap.hive to my hive wallet on Hive-Engine after leodex kicked it back due to insufficient liquidity (which sucks cus the higher fee there ate roughly $16 of profit)

Off to "the darkside" exchange...

...as we have come to call it on the roundtables lol.

I immediately sold it into USDT, took the total amount, subjected from the dollar amount of ETH I sent at the time and boom!

Arb Profit of $253. Happy Day and goodnight!

Posted Using LeoFinance ^Beta