That is all assuming that there are genuine buyers for a good volume of HDB. What if there weren't any and they got smashed by the arbitrage vs the internal market losing big times.
Do you think that's impossible?
You are viewing a single comment's thread from:
The combination of pushing a low volume price index on CEXs to trigger AMM Pool is for sure a valid attack angle eventually.
Let's say I have 50k$/50k$ HBD/ShitcoinABC pooled and make the HBD spike 3x to increase my pool share in the ShitcoinABC 3x. I can now withdraw that Shitcoin before letting the HBD price drop dead again.
Does that make sense in a real-market scenario?