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RE: UST, Algo stables and pHBD arbitrage opportunity

great post! But the fee is 0.25% plus another 0.25% for unwrapping again right? So seems like not the easiest thing to make a profit on, but perhaps for large enough sums

@tipu curate

0E-8 BEE
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Nah, it's just 0.25 HBD per transaction.

0E-8 BEE

I just checked: it's 0.25% for wrapping and unwrapping so 0.5% total which is why the arbitrage isn't so profitable

pHBD Wrapping and Unwrapping Fee: a 0.25% fee is accumulated when wrapping and unwrapping

https://peakd.com/hive-167922/@leofinance/hbd-interest-rates-are-now-20-or-we-re-building-a-usd5m-liquidity-pair-for-hbd-usdc

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