Current market conditions show that Binance is trading at $1.608, while CUDOS’s current price is $0.010668. At the same time, the exchange rate between FET and CUDOS is set to FET/CUDOS=150. It is worth noting that the merger plan of FET and $CUDOS is being actively promoted by both communities, with the proposed exchange ratio being 1 FET = 119 CUDOS.
Regarding this merger proposal, it is currently in the voting stage, and the voting is expected to end at 01:54 on September 25, 2024. The voting results of the FET community show that although 99.9% of participants agreed, the minimum voting rate required for the proposal to pass has not been reached as the voting participation rate was only 14.5%.
If you are optimistic about this proposal and believe that it will eventually pass, then a potential investment strategy is to sell FET and buy a corresponding amount of CUDOS before the current exchange rate deviates from the proposed 119. When the voting results are announced and the exchange rate returns to close to 119, sell CUDOS and buy FET again. By following this strategy, you can theoretically achieve a gain of approximately 26%.
However, it must be emphasized that there are significant risks associated with this strategy. In particular, if the ASI community's proposal fails to pass, the exchange rate between FET and $CUDOS may be negatively affected, resulting in investors potentially facing larger losses. Therefore, before making an investment decision, you must fully consider this risk point and weigh it based on your own risk tolerance.
