⚠️【Why is your WOD usage so high??】

💥Let’s take a look at the WOD dealer and the two arbitrage methods used recently!!

✨First method: Staircase dumping

This occurs every certain period (15 minutes), where the coin price drops by 1%. For example, if you are trading with 1000u, you could lose at least 10u in one transaction. As long as there are many traders during this time, the dealer could earn at least 10000u+ in arbitrage profit every day. The more participants, the higher the profit.

✨Second method: Horizontal short fluctuations + staircase dumping

This method is an upgraded version of the first one. The traders have become smarter because they learned from the previous losses during the downturn. So the dealer tries to keep the price stable, and there will still be traders willing to participate. During this time, with the help of bots continuously buying and selling to slightly raise the price, you will find that the price you manually enter never matches, then you cancel the order and place a higher price. You will notice that your price has increased significantly compared to the initial price. When everyone's price rises to a certain extent, the dealer's other dumping account will perform a small dump, resulting in everyone's loss of about 0.5%, 5u, or even 10u. Everyone panics and sells at a low price. If they don’t sell, it’s like the first method, and the losses keep increasing! At this time, the dealer continues to use bots for trading, gradually raising the price again, waiting for the next batch of people to fall into the trap!

💥This is the most commonly used arbitrage method in WOD over the past few days! The dealer's chips have 0 cost; they can dump as much as they want and raise the price as high as they want. The current Alpha has already become the dealer's arbitrage tool. Everyone trading Alpha is actually providing liquidity for the dealer. The current model is retail investors vs project parties, with Binance providing the stage; profits and losses depend entirely on skill!

In the dark forest, we must protect our chips!!!