Welcome to Arb
The Arb team is deeply committed to the belief that crypto and DeFi can bring significant benefits to the world, and they see Solana as uniquely positioned to play a leading role in driving the adoption of these technologies. To that end, Arb has identified the following mission:
- Attract new users to Solana and the world of crypto, ultimately accelerating the pace of crypto adoption
- Facilitate community-driven DeFi
- Promote easy access to sustainable DeFi yields
- Support the development and growth of the Solana ecosystem
To accomplish this mission, Arb will adhere to its philosophy of easy-to-use DeFi, which involves creating sophisticated products that are easy to understand and use for both experienced DeFi users and those new to the field. These products will have a clear and intuitive user interface and user experience, and will be designed to make complex concepts simple and accessible. What is arbitrage and how does it work? Arbitrage refers to the practice of exploiting price discrepancies between different markets or platforms in order to generate a profit. In the context of cryptocurrency, this can be achieved by buying and selling the same cryptocurrency or asset on different platforms or markets in order to take advantage of price differences. Arbitrage traders may use a variety of methods and technologies to facilitate their trades. What is an arbitrage bot on Solana? An arbitrage bot on Solana is a program or software that automates the process of exploiting price differences between different cryptocurrencies by swapping them in a single transaction. These bots typically use algorithms to identify price discrepancies between different platforms or markets that use the Solana blockchain, and then initiate and execute trades based on these discrepancies in order to generate a profit.
How does the bot work? The bot continuously monitors the prices of different cryptocurrencies or assets on various platforms or markets that use the Solana blockchain. When it identifies a price discrepancy between two cryptocurrencies or assets, it initiates a swap between them using a decentralized platform or other type of smart contract that is supported by the Solana blockchain. The bot then completes the swap, effectively exchanging one cryptocurrency or asset for the other in a single transaction on the platform where it is being sold for a higher price, thereby generating a profit.
What is the Jupiter liquidity aggregator and how does it work? The Jupiter liquidity aggregator is a tool that allows the bot to access and trade on multiple platforms or markets simultaneously. This enables the bot to quickly and efficiently identify and exploit price discrepancies in order to generate a profit.
Do I need to hold the ARB token in order to use the bot? Are there any fees associated with using the bot? Yes, in order to use the bot, you are required to hold a certain amount of ARB tokens (Currently 10,000). A portion of the platform's revenue is then redistributed toward buying back ARB tokens, which helps to increase their value over time. There may be fees associated with initiating and completing swaps, as well as any other costs associated with trading on different platforms or markets. It is important to carefully consider these fees and costs before using the bot, as they can eat into your profits.