CORD.Finance trading on SushiSwap CORD-Sushi & CORD-VACC and PancakeSwap CORD-BNB & CORD-VACC: PERPETUAL ARBITRAGE, trade CORD or VACC & profit!

Updated article to include CORD-VACC! As you may know, CORD-BNB liquidity is locked for 2.5 more years on PancakeSwap V2. However, we did not want to wait to implement our radical plan to generate a PERPETUAL ARBITRAGE opportunity and thus create persistent trading volume for CORD and VACC! We have accomplished this as follows.

· The Team members sold 1950 CORD for Sushi token
· We paired this with another 2050 CORD to fund a new CORD-Sushi liquidity pairing on SushiSwap
· We moved the portion of the CORD-VACC liquidity that was on PancakeSwap V1 over to SushiSwap
· PERPETUAL ARBITRAGE opportunity created, trade CORD or VACC & profit!

How does it work?
The arbitrage works by harnessing the gigantic daily volume and price fluctuations in the BNB-Sushi pair. As the relative valuations in this pairing change, new arbitrage opportunities are constantly created for CORD (and therefore VACC) because CORD and VACC will get cheaper on one exchange while more expensive on the other.

How to take advantage?
This is simple: buy CORD or VACC on the cheap exchange, and sell it on the expensive exchange, pocketing the profit. After doing that, the arbitrage is cancelled out, right? Wrong! A short time later, as BNB-Sushi continues to trade and their relative valuations change, new arbitrage is perpetually created.

Okay but how does this help CORD or VACC? Why hold any?
Volume is the lifeblood of any project. By incentivizing perpetual trading — by humans or bots it doesn’t really matter! — we ensure large consistent volume. This will take additional CORD and VACC permanently out of circulation due to our very small (0.5%) tax on buys and transfers, a 2% tax on sales to CORD-Sushi and CORD-BNB liquidity pools, and a 5% tax on rewards, 25% OR MORE of which is slated to be burned every 3 weeks. (Recall our tri-weekly lottery and CORD/VACC burning schedule). In addition, higher volume will get us noticed by CoinGecko, and we will begin to trend. Higher volume begets higher volume, and often higher price.

Any downside?
Short term: an immediate hit to the CORD-BNB price resulting from the way we had to move the liquidity because the liquidity pool on PancakeSwap is locked. (No effect on the CORD-VACC price.) However, the total liquidity for CORD and VACC is the same when you combine CORD-BNB or CORD-VACC on PancakeSwap V2 and CORD-Sushi or CORD-VACC on SushiSwap. This is because we created the new liquidity pool with the proceeds from the old one. Further, we expect that the price will recover quickly as volume takes off.

So what do you need to do?
There are a couple options for fellow CORDians. You can take advantage of the arbitrage to make some money yourself. Or, if you prefer to let bots and others do that, you can just stake in our vaults, knowing that someone will avail themselves of the free money (!) this perpetual arbitrage presents, which will drive volume, reduce supply, and ultimately should improve price.

Contract for CORD on Binance Smart Chain (BSC)
Contract for VACC on Binance Smart Chain (BSC)

To buy or trade CORD-BNB on PancakeSwap V2, enter the BSC contract address of CORD in one of the PancakeSwap V2 exchange token fields, and select BNB in the other field.

To buy or trade CORD-Sushi on SushiSwap, enter the BSC contract address of CORD in one of the SushiSwap exchange token fields, and select Sushi in the other field.

To buy or trade CORD-VACC on PancakeSwap V2 or SushiSwap, enter the BSC contract addresses of CORD and VACC in the PancakeSwap V2 or SushiSwap exchange token fields.

So, enjoy the new volume with CORD-Sushi and CORD-VACC on SushiSwap and CORD-BNB and CORD-VACC on PancakeSwap, and the perpetual arbitrage opportunity!

- The CORD.Finance Team

CORD.Finance is a decentralized finance project that uses a unique combination of smart contract technology plus real world networking to provide income streams