Thorchain Community Swaps: Patient vs Impulsive

By Thorchain
Jan 16, 2024, 9:38 AM
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THORChad, a member of the Thorchain community, patiently waits for 9 hours to swap at a rate of 4BPS, saving $3701 per hour.​ He does this at 9pm and wakes up at 6am, effectively making money while he sleeps.​ He plans to hold onto his new stack of ETH.​ On the other hand, SoyBoy impulsively swaps on a centralized exchange (CEX) at 1am, influenced by cryptocurrency (CT) influencers.​ He quickly swaps his ETH for memecoins on the Binance Smart Chain (BSC).​

Sources

THORChad: Happy to wait 9 hours to swap at 4BPS and saves $3701 per hour. Does it at 9pm (his bedtime), to wake up at 6am for a morning workout. Practically making money as he sleeps. Plans to HODL his new stack of ETH. SoyBoy: swaps on a CEX at 1am on a dopamine-powered binge

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🌊 Streaming swap finished 👤[36e4]: 1.2M $USDC (ETH) → ⚡ → 506.5 $ETH ($1.2M) Slip: 0.040 %, liq. fee: $609.0 ⏱️ Time: 9 hours 36 min. 🫰Est. savings vs CEX: $33,317 runescan.io/tx/EC3E6C0008E…

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