⚖️Arbitrage

While DAWG efficiently acts as backing for NFTs in the pool, inefficiencies may still occur in outside marketplaces. We built DogeSwap to aggregate price data from all third-party markets which allows DAWG/DC holders the ability to leverage those inefficiencies that may occur elsewhere.

We even took it a step further to highlight those arbitrage opportunities for our holders directly within the platform.

Potential Arbitrage Scenarios:

The price of DAWG in the Raydium pool is higher/lower than in the DogeSwap pool:

• If higher, holders can swap a Doge Capital NFT for DAWG in our pool, and sell the DAWG for USDC on Raydium; profiting the difference.

• If lower, holders can purchase DAWG on Raydium, and sell it at a higher value into the DOGESWAP pool, profiting the difference.

The price of Doge Capital NFT’s is higher/lower on NFT marketplaces than in the DogeSwap pool:

• If higher, holders can purchase an NFT from the DogeSwap pool and sell it on public marketplaces; profiting the difference.

• If lower, holders can purchase an NFT on the public marketplace, and sell it into the DogeSwap pool, profiting the difference.

By encouraging our holders to take advantage of arbitrage, not only are we creating opportunities of profit, but it also enforces greater price efficiency within DogeSwap itself.