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Terra Autumn Series Ep. 6: Creating Customized Dynamic ETFs (Clusters) with Nebula Protocol

The Delphi Podcast

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Is There Any Arbitrage Opportunity?

Once the tokens are trading, then you have this mechanism where effectively, like governanse has defined the target weight. And what that means is that a once the cluster token is trading at its target weight, there's kind of no arbitrage opportunity. But as soon as some one adds assets in a way that moves it away from the target weights, you would effectively pay a tax on that. Then vice versaif if you bring that back to the target weightu you, you would kind of get a subsidy on that. To prevent that cave such cases, any time that, you know, people try to do this malitial action, we tax them by making sure that they lose value on

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