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Arbitrage Bot
An arbitrage bot (Arbie) will maintain parity between the STS token prices on the two major liquidity pools. Synchronized prices ensure a healthy protocol for all users. Due to the nature of the STS token's taxes, Arbie will be tax-exempt. This will allow precise transactions, keeping the token price between the two LPs as closely correlated as possible at all times.
The primary objective of the bot isn't to make revenue but to maintain Stasis Network's true value at any given time. Some revenue is expected though, given the nature of the arbitrage process. 80% of the arbitrage revenue generated will go to the Stasis Network Treasury. 20% of arbitrage revenue will be paid to dappd LLC as a licensing royalty for their continuous maintenance and operation of the bot.
Last modified 5mo ago