I found an infinity money glitch that nobody is talking about.
The result is a bit random, but this dev made $50,000 in profit on it in a dozen or so minutes. All of this on
par.family
I tried to make 1 token and earned $400 in 3 minutes from fees.
How?
1) Come up with an index idea that could exist on RH chain, e.g. the 5 top tokens from the
@longdotxyz launchpad:
$AI,
$MEME,
$BONER,
$MOO,
$INU.
2) Go to
par.family and create a multi-pair token, add these tokens as the pair, name the token LONG INDEX and give it the ticker $LONG5.
3) Set the creator fee to no more than 2%, I'll explain why in a moment.
4) Generate a nice image with AI and launch the token.
This is where all the magic happens. Your own buy on 1 of the pools creates a price difference between the pools you created, meaning token/AI, token/MEME, token/BONER etc....
If one pool had more buys than the other one, there is a price difference. What happens? Arbitrage bots that track the chain see it, and they buy on one pool and sell on the other.
By doing that they generate volume and movement on the token, transactions start flying, and you earn the fee. What next? If the idea itself is good, other people see the movement. They don't know it's bots, so they start buying. Their buys create an even bigger price difference between the pools, which makes the bots spam even more, and that makes even more people start buying, and the whole time you're earning from the fees. It's loop...
The effect? $50k USD in 14 minutes...
And this is why the fee has to be 2% or less: the bots only arbitrage while the price difference between the pools is bigger than the fee. At 2% they keep going and the loop above keeps spinning; at a high fee the arbitrage stops paying, the bots don't show up, there's no movement for traders to see, and the whole thing never starts.
I have no questions. This is literally a glitch, it's only a matter of a good idea. Multi-pair is broken.
Big shout out to
@pardotfamily, the only launchpad where you can do this 👏