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Jul 31, 2020 • 50 tweets • 8 min read
The #Ethereum#DeFi space is blitzscaling but can be confusing to a newcomer. To help drive education we have created a glossary, The ABCs of DeFi, to explain the jargon in tweet-sized bites. Adoption through understanding, understanding through simplicity dfuse.io/abc-defi
Arbitrage - The act of taking advantage of a mismatch in market pricing.
Ex: On exchangeA a user is willing to sell tokenX for $5. On exchangeB, a user is willing to buy tokenX for $6. An arbitrager would purchase the $5 tokens on exchangeA and then sell them on exchangeB