RECEIPT OF CERTIFIED TIME STAMP
ELECTRONIC COPYRIGHT CERTIFICATE
- For the relevant legal purposes -
Algroflash Trading Strategy
Owner: |
TIMOTHY OKOROSOBO |
Copyright Number: |
DEP637974591996149167 |
MD5: |
YLJRO4J7+Z12UlDx3MUdhg== |
Registration date: |
8/30/2022 11:29:07 AM |
Copyright Status |
Active |
Article L113-1:
The position of author belongs, unless otherwise specified, to the person or persons under whose name(s) the work is disclosed.
Algroflash Trading Strategy
With the algorithm AlgroFlash are developing, using ‘Flashloan’ technology, traders can
borrow large amounts of capital from DeFi(Decentralized Finance) liquidity pools; to
enter quick trades without the risk of losing their staked funds. This is possible because
of another new technology called a ‘Smart Contract’; a functionality that allows the
trader to enter a target price for the trade; and a time frame during which said target
price must be hit. If the target price is hit in the correct time frame; the trade executes,
the pro t is realized and the borrowed capital is automatically returned to the lender.
Should the price target not be met; the ‘Smart Contract’ ensures that the trade does
not execute and the only money lost is a small fee, paid by the trader, for placing the
trade.