What’s a flywheel bot?
The flywheel effect describes a process where initial effort leads to building momentum that drives significant and sustained growth.
The bot starts with a dual-crypto investment to buy low. If the target price isn’t met, your funds keep earning yield. Once bought, it switches to selling high — repeating the cycle to earn from both yield and price moves.
About this bot
This bot cycles between buying low and selling high to capture gains within preset buy and sell ranges.
It’s ideal when the market moves sideways, helping you earn potential returns from option premiums and price swings.
Oct 11, 2024 - BTC price: 61,500 USDT
Bob subscribed 10,000 USDT to a BTC/USDT flywheel bot.
The first buy-low product had a target price of 56,000 USDT, a 24% APR, and a 2-day term.
Oct 14, 2024 - BTC rose to 62,000 USDT
The price exceeded the target, so no purchase was made. Bob earned 13.15 USDT in option yield.
The flywheel bot reinvested into another buy-low product with the same 56,000 USDT target and a 3-day term.
Three days later, BTC dropped to 55,000 USDT, triggering a buy at 56,000 USDT for 0.1785 BTC.
The bot then switched to a take-profit product to seek profit-taking opportunities.
By early November, BTC fluctuated between 55,000 and 80,000 USDT.
The bot completed 30 arbitrage cycles, with an overall annualized return of 80%.