This was the most lucrative arbitrage since $GALA, and even beginners could've made $100,000+ from scratch. Missed it? Here’s how to catch the next 1000x opportunity 👇🧵
Arbitrage is all about capitalizing on price differences across exchanges or blockchains. Imagine buying 1 $BTC for $60,000, bridging it, and selling it elsewhere for $70,000—instant $10,000 profit.
But here’s the catch:
- Life-Changing Arbitrage: While opportunities exist, those that can turn $100 into $100,000 are rare—like the $GALA arbitrage in 2022-2023, where huge spreads meant you could literally print money.
Recently, I found a similar opportunity with $VOW, a token for decentralized discount vouchers on Ethereum. Here’s how it played out 👇
1️⃣ The Hack:
- On August 13, $VOW was hacked for $1.2M.
- The attacker exploited a change in the $vUSD conversion rate, printed millions of $VOW, and dumped them on DEX.
2️⃣ The Arbitrage Opportunity:
- I seized the chance:
- ➢ Buy $VOW on ETH
- ➢ Swap $VOW to $vUSD on ETH
- ➢ Bridge $vUSD from ETH to BNB chain
- ➢ Swap $vUSD to $VOW on BNB
- ➢ Bridge $VOW to ETH chain
- ➢ Swap $VOW to $USDT on ETH
- This strategy netted me ~$55,000 in just a few hours.
3️⃣ The Bridge Suspension:
- CertiK discovered the exploit and notified the Vow team, who suspended the bridge.
- I had $12,000 stuck in the bridge but had already made enough to consider it a win.
4️⃣ The Unexpected Bonus:
- A few days later, the bridge reopened, and I received my $12,000 in $VOW.
- The price had stabilized, and my ~2,000,000 $VOW turned into $175,000+ 🤯
5️⃣ More Than Just Arbitrage:
- $VOW offers a service to redeem $vUSD for luxury hotel bookings like Bellagio or Caesars Palace at around $100/day.
- While 90% of purchases were refunded, the remaining 10% was still valuable for a great vacation or cash.
$VOW arbitrage was a unique opportunity where you could easily make 5-6 figures. Be ready for the next life-changing event with my Arbitrage Checklist⤵️
✅ Arbitrage Checklist:
- ➢ Prepare funds and gas fees on all major chains for DEX-DEX arbitrage.
- ➢ Verify accounts on every major CEX for DEX-CEX, CEX-DEX, or CEX-CEX arbitrage.
- ➢ Know popular bridges and cross-chain lending platforms.
- ➢ Check live spreads using @arbitragecoin or other arbitrage bots.
- ➢ Always check slippage and liquidity.
- ➢ Learn how to hedge your arbitrage positions correctly.
- ➢ Always do a test run and never leave funds on CEX.
Ready yourself—these opportunities don’t come around often! 🚀
Vote for me 😊