Start BONFire-Not now
Sorry, you'll just have to rehearse the following in your head before DUSD goes live.
1. Sell your crypto asset to the BONFire public treasury, you will receive 1,000 DUSD and an NFT certificate, with which the original volume of crypto asset can be redeemed after a specified period of time.
2. Use your 1,000 DUSD to purchase Alpha assets.
3. Evaluate the return on redeeming WBTC and holding Alpha assets at the arrival of the redemption period (or you can get WBTC back just by selling part of Alpha.).
1. Sell your crypto asset to the BONFire public treasury, you will receive 1,000 DUSD and an NFT certificate, with which the original volume of crypto asset can be redeemed after a specified period of time.
2. Invest your 1,000 DUSD in BONLoan, BONFarm, or BONPad.
3. Enjoy Bonfire.
A. Always keep an eye on the BONFire Treasury NFT in Opensea. Buy those with sufficient price performance or obvious arbitrage opportunities based on your market expectations, and redeem the assets on the expiry to complete the arbitrage. (Is this like a mini futures market?)
B. At the same time, pay attention to both ARBunstake costs and Opensea's BONFire Treasury NFT market to ensure quick arbitrage at a reasonable gas fee. Buy NFT👉 pay DUSD and cost back WBTC👉 sell WBTC👉BON, arbitrage done.
Welcome your other creative ideas and let more people have fun with BONFire!
Last modified 1yr ago