Author

Topic: Borrow ATOM on Margin Trading + Lockup ATOM on Pool-X (Read 97 times)

newbie
Activity: 14
Merit: 0
What are the benefits?  If the staking rewards of ATOM with 12% APR minus the borrowed interest is positive, you make a profit. There is currently an activity running on KuCoin where you can borrow any crypto (excluding USDT) on KuCoin Margin trading and get a daily interest rate of 0, meaning profit will be higher during the activity.  Additional POL can be obtained by staking on Pool-X.

Read the process here https://medium.com/@ParkDaeun/arbitrage-on-kucoin-borrow-atom-on-margin-trading-lockup-atom-on-pool-x-44662a90093f
Jump to: