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Arbitrage bot on Polygon (MATIC) makes 218 ETH (or $828,000) in profits

October 19, 2021
in Trading
Reading Time: 1 min read
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Arbitrage bot on Polygon (MATIC) makes 218 ETH (or $828,000) in profits
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Abstinence from DeFi is ‘no longer an option,’ states founder of Polygon-based QuickSwap

Sameep Singhania is a blockchain and software engineer, who has worked on several projects, including Bonded Finance and ParaSwap, but hit the DeFi nail on the head when he and his team, frustrated by the growing Ethereum (ETH) fees, built QuickSwap (QUICK), a popular Layer-2 decentralized exchange (DEX).

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