RE: CIRCLING was the name of the GAME to increase my LEO stack (approx 25% return)
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You lost me, so much math in here... and this circling seems so demanding :))
I got the point though, you earned some coins and that's great.
What I noticed though on leodex is that volume is kind of low and that might make the price easily manipulable.
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Owwww, am so sorry the numbers became a little much... I spend extra time to make it clear. Guess way too complicated still :) Ah well, the main take from this is what I wrote in the title, about 25% gain without any risks.
Volume at LEO DEX is low indeed. As it is on Uniswap. But because of the auto market making and the large swap pool, one needs more funds to get the value of LEO moved in one of the two directions. Wrt manipulation: When LEO DEX didn't caught up with Uniswap, someone stepped in with 12k LEO to set a buy wall. I have no idea who this may have been. The LEO team? Some LEO whale? It was clear this buy wall was set to not let the LEO price drop below the 1.75 HIVE at which the buy wall was set. When I was sleeping, either this buy wall was take away, by sellers, or by the wall owner, I can't tell since the history of transactions at LEO DEX is very limited.
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It's not your fault, but my limited level of understanding.
You seem to be a numbers guy following LEO DEX that much in detail.
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Euhmm a numbers guy, not sure, but I'm beta educated and love math and theoretical physics :)
That makes sense...
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Glad it does, since it doesnt with me LOL