$THE vs liveTHE Decoupling and Coupling Dynamic Game
Everyone loves discounted products, especially now during the Thanksgiving crazy sales.
Right now, there's an opportunity to buy at a 46% discount from the original price, would you buy it?
liveTHE is the warp version of $THE staked veTHE (liquid), you can stake it, exchange it, and it will automatically appreciate in value.
Arbitrage Opportunity:
liveTHE is trading below the price of $THE . (After THE was listed on Binance, it quickly surged nearly 4 times, allowing those who originally staked veTHE to exchange for liveTHE and sell for arbitrage.)
This means:
Each liveTHE token represents more THE than its current market value. (At a discount)
Will it be pegged?:
The protocol uses all fees collected from veTHE holders to repurchase liveTHE (weekly), until its value is restored to be equivalent to THE. When the peg is corrected, 1 liveTHE equals 1 THE.
Passive Income:
Staking liveTHE allows you to earn a portion of the platform's income.
How to do it: Purchase liveTHE at a discounted price on THENA or other DEXs. Staking liveTHE on Abacus can earn you additional rewards!