wouldn’t it be possible that both BTC and USDC pairs makes Maid a more attractice coin which gives that volume and liquidity goes up. And also when getting closer to launch more volume and liquidity will be expected.
That Maid moves to Emaid and the one way direction for arbitrage might have contributed to less liquidity on Bittrex. And very bad liquidity on Uniswap have not helped either.
No. Because if you are buying at a price that is inflated due to lack of liquidity, it does nothing for price discovery - the next trade could be just as extreme in the opposite direction.
If the image isn’t loading for what ever reason, it looks like it is replacing it with EMA, first three letters of the ticker. You can see this in the inspector.
When someone added 500 000 eMAID to liquidity Uniswap pool, he set range 0.3324-0.7 so for each step it show about 2000-3000$ value?
But in detail you can see for range 0.3324-0.3572 only USDC locked
and for range 0.3593-0.7 only eMAID locked.
So it means, someone sell eMAID to USDC at range 0.3324-0.3572 already and now the liquidity for that range is on side eMAID to USDC ? https://info.uniswap.org/#/pools/0x35593881b7723b39a5bdbcb421e55c1ff1953f4b
I see that this bot bought 16371eMAID for 9731$ and pay 17,5$ fee, than sell 16371eMAID for 9824$ and pay fee 75,6$. The balance of this trade is -0,2$.
Am I correct ?
txid:
0xb43404b09d21ecfeb7d30f3902acb16f0592de4f640b4df53865624ca44be75e
0x8feaa2dd6480caba73f9216ee385f5cb7c547a5ab75983e5e07d765f24598019
edit: The fees are different. Total only 58$ so profit 35$. The bot is smart one, just bought milliseconds before real user.
This is called Front-running because you post your ethereum transaction in a public memory pool and it won’t be instantly executed. So bots can calculate the slippage that would occur and if large enough seize the trade and sell it back to you. A way to prevent this from happening is by using for example FlashBots RPC. Which will protect you from being front-runned.
Also another benefit from using for example FlashBots is that failed transactions don’t cost you gas fees. Unless it’s transacted as ‘reverted’ instead of just forgotten by mempool due to too low fees.