arbitrage
In this case the Basket Factor is above 100% and the market price of FLOAT is above the target price of FLOAT. Thus the protocol sells FLOAT in exchange for WETH and BANK. How to make money is as follows:
In this case the Basket Factor is below 100% and the market price of FLOAT is above the target price of FLOAT. Thus the protocol sells FLOAT in exchange for just WETH which goes to re-stock the Basket. How to make money is as follows:
In this case the Basket Factor is above 100% and the market price of FLOAT is below the target price of FLOAT. Thus the Protocol purchases FLOAT with WETH from the Basket at a premium to the market. How to make money is as follows:
In this case the Basket Factor is below 100% and the market price of FLOAT is below the target price of FLOAT. Thus the Protocol purchases FLOAT with WETH from the Basket and BANK at a premium to the market. How to make money is as follows:
approve
the Float Protocol Auction House
contract to interact with your WETH, BANK and FLOAT to participate the Dutch Auctions.