Project Name: [ArbiDEX V2] Project Track: [NFT] Team Name: [InterCrone World] Team Member(s): [@BigDealCompany ] DevPost URL: [ArbiDex | Devpost] Project Goal: [We wanted to create a bot that makes profits regardless of the market and cannot make losses.] Project Info: [We created an arbitrage bot specialized in ICR tokens. This means that with every trade we generate more volume for the platform, which in turn increases liquidity and pulls ICR tokens out of the market and into the liquidity pools. With more liquidity in the pools, we can trade more and larger arbitrages again and thus increase the profit again, which in turn benefits the NFT holders and the platform.]
Project Website: [ISwap] Contract Adress: [TRONSCAN | TRON BlockChain Explorer | 波场区块链浏览器] Project Test Instructions: [You just need to mint the nft and wait. Between the 1-5 every month you get the payout]
Project Details: [For arbitrage you need liquidity and 2 different DEX. InterCrone Swap is already one of the Top DEX on Tron but still its hard to run profitable Trades because of the lack of liquidity.]
Project Milestones: [InterCrone Swap is the Top liquidty provider beside Sunswap for the Top 20 Tokens on Tron. Since we change our Arbitrage conctract the volume for InterCrone has increased by 1000%. As a result, we are already generating at least 1 USDT fee in 24 hours on our secondary market on Sunswap.
During the Hackaton we work on an update to optimize the routing]
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After a thorough scan, it looks like your project post is very similar to a project that has been posted in Season 2. Can you let the community know what improvements and updates have been made compared to this project - ArbiDex Multicasher that you have submitted in the past?
According to post #6 of TRON Grand Hackathon Season 3 - Get started Now! projects that haven’t completed their roadmap for the Hackathon in past Hackathons will not be eligible for the current season. Please make sure your existing project is already live and for the community to use.
its an update from the V1. in V1 we only trade between TRX-USDT on sunswap and InterCroneSwap by using TRX or USDT.
But in the new V2 we use for every Trade ICR. Like you can see in the picture.
the bringt more benifits for NFT holder and also for liquidity provider.
ArbiDex V2 is an arbitrage smart contract developed by InterCrone World on the Tron blockchain, which currently controls the markets between Sunswap and InterCroneSwap and, in case of price differences, settles them using ICR.
Each trade incurs a 0.3% fee for the liquidity provider. On the one hand, this increases liquidity and, on the other hand, profits are generated through arbitrage.
Hi, I think it would be beneficial to increase the number of users to make more data available on the dApp page, like: total volume of arbitrage, profits from arbitrage, APR (considering the NFT minting price).
Right now if a user wants to mint a NFT to get arbitrage returns, he knows only how much he’s going to spend, but he has no idea on how much he can potentially earn.
Noted, yes we have already start an page for this. but than we change the compled strukture of the trading again. But yes right now user only now it because of the monthly postings in telegram or Twitter