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Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion >  Borrow ATOM on Margin Trading + Lockup ATOM on Pool-X
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Author Topic: Borrow ATOM on Margin Trading + Lockup ATOM on Pool-X  (Read 90 times)
pimchanbuabueng (OP)
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January 22, 2020, 02:56:37 PM
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What are the benefits?  If the staking rewards of ATOM with 12% APR minus the borrowed interest is positive, you make a profit. There is currently an activity running on KuCoin where you can borrow any crypto (excluding USDT) on KuCoin Margin trading and get a daily interest rate of 0, meaning profit will be higher during the activity.  Additional POL can be obtained by staking on Pool-X.

Read the process here https://medium.com/@ParkDaeun/arbitrage-on-kucoin-borrow-atom-on-margin-trading-lockup-atom-on-pool-x-44662a90093f
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