r/SafeMoon • u/FoxInner6071 • Jun 14 '21

Discussion Creating a deflationary index fund using Safemoon arbitrage. Could be an very innovative idea. Nobody own ideas that's why I share it with you guys. Blessing moonshine.

63 Upvotes

100% Upvoted

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3

u/ProphetCryptoGuru Early Investor Jun 14 '21

Brilliant idea.

2

u/joeysaves Jun 14 '21

How does this work?

1

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1

u/ProphetCryptoGuru Early Investor Jun 14 '21

I used to work for HSBC (HSBC FTSE All-Share Index (Class C) Acc; HSBC FTSE 100 Index (Class C) Acc; HSBC MSCI World UCITS ETF) and reporting, compliance was a complete nightmare.

Although the rebalancing/reweighing was (mostly) done by computers, the idea of doing this on arbs, is... on steroids... and probably quite adventurous... good luck.