It's late at night, and I want to review my operations on Plasma today, mainly sharing my thought process. The thought process is very important because, under my logic, even if you didn't receive any airdrops, there are still good opportunities to make money. 1. CEX-DEX Arbitrage CEX-DEX is easy to understand. After receiving airdrops on-chain, I transferred part of it to the exchange and kept some on-chain. Then, I had USDT on both sides, and XPL on both sides, so I could sell high and buy low on both sides. DEX-DEX is also easy to understand. At that time, the cross-chain bridge was open, allowing transfers from BSC to Plasma, and the exchange supported deposits on both chains, so not many people might have noticed the price differences between DEXs. I placed some XPL on both chains and traded back and forth, basically achieving something like buying at 1 USDT on the Plasma chain and selling at 1.02 USDT on BSC, which means I could make a 2% profit on a single transaction. I...
Show original


56.48K
216
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.