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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 prot 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.