Arbitrage Liquidity Tag Team

Dear CELTists, it's been a fruitfull week and we've got good news in this steemit update.
The account has reached 0.04% fee rate, which makes tightening spreads to 0.1% possible and still profitable.
That's not even the best part, I've had good chats with thaodex, who already posted this on reddit.
https://www.reddit.com/r/CossIO/comments/8ql2vo/a_glimpse_into_the_future_a_liquidity_bot/
He created an arbitrage bot that checks eth/btc price difrence between COSS and Binance and trades the diffrence for 0 profit. He bought 2 eth worth of CELT to kickstart it.

It was clear to see as this was our starting point:

At time of writing I've just taken this snapshot:

I don't need to paint the picture here. This was with CELTbot reducing spread to 0.2%..
The bot ran out of the 2 eth he provided locking it up in limit positions the market needs to fill in order for the bot to regain the losses due to fees.
His post on reddit inspired a guy to buy 9 eth worth of CELT. Which I am slowly funneling into the bot to ensure that the ETH/BTC's spread can keep being closed to 0.1%
In addition the 9eth funder asked I would also do COSS/eth and COSS/btc, I will do it to the extend it will be logical to do so atm.
If the bot has enough reserve, ALL PAIRS the bot is active on are reduced to 0.1%. This would create massive volume.

Buying CELT increases volume on COSS

The above eth/btc example proves that this community project helps increase the volume on COSS, now with the newly formed tag team we're going to increase volume on COSS to the fullest extend possible.
easyest way to get your CELT is through: https://celt.dvx.me if you have metamask.
otherwise follow the CELT launch post instructions for Myetherwallet:
https://steemit.com/celt/@spielley/the-cossening-celt-launch-and-how-to-get-and-sell-them

I want to thank the buyers all the other smaller CELT transactions as well.

COSSbot, the free alternative for self trading

There was a COSSbot group dedicated to creating a free alternative to bot trade your own account. And past week I've 'officially' joined the dev team there. Everybody wins if volume on COSS increases. My spare time is currently still tied up for some freelance coding but after that I'll be pitching in stratigies etc

This will be all for today,
Hope to write a more lengthy post next week.
Hope everyone who does not already own some CELT seriously considers buying some to help COSS out.

Thank you for supporting this project

Be it by reading, upvoting, spreading the word and buying or owning CELT to improve liquidity on COSS.
Spielley, here to help and improve the COSS exchange experience