It's late at night, and I want to review my operations on Plasma today, mainly sharing my thought process. The thought process is very important because, under my logic, even if you didn't receive any airdrops, there are still good opportunities to make money. 1. CEX-DEX Arbitrage CEX-DEX is easy to understand. After receiving airdrops on-chain, I transferred part of it to the exchange and kept some on-chain. Then, I had USDT on both sides, and XPL on both sides, so I could sell high and buy low on both sides. DEX-DEX is also easy to understand. At that time, the cross-chain bridge was open, allowing transfers from BSC to Plasma, and the exchange supported deposits on both chains, so not many people might have noticed the price differences between DEXs. I placed some XPL on both chains and traded back and forth, basically achieving something like buying at 1 USDT on the Plasma chain and selling at 1.02 USDT on BSC, which means I could make a 2% profit on a single transaction. I believe I can discover and execute quickly because I am familiar with this logic, and since the Plasma chain is also EVM-compatible, I just need to get the prices from both sides, so a combination of code and manual execution can complete this semi-automatically. _____________________________________ 2. Native Asset Price Deviation Looking at the chart, 6000 USDT was only sold for 80 USDT on DEX, and 10,000 USDT was sold for 500 USDT. Why? Essentially, it's because there are no liquidity pools, so those who create pools are making a lot of money, effectively acquiring the PlasmaUSD asset at a low price, which can be converted into real USDT with just a cross-chain transfer. This thought process was something I considered from the beginning. I believe those who play MEV are definitely aware of this, but for a new asset like PlasmaUSD, the market may not have quickly grasped its pricing logic, so there was no MEV arbitrage here. This gives retail investors a lot of operational space to directly add single-sided liquidity pools on Uni. I added liquidity in the range of 0-0.85, meaning that as long as the price is below 0.85 USDT, if someone sells, I can acquire low-priced tokens and then withdraw the pool. Whether I can profit from this depends on waiting for the "right person" to come along. There are also some smaller opportunities, but I won't go into detail about those. _____________________________________ In fact, for a project with a large number of assets and high attention, there are definitely such opportunities when it first opens, like arbitraging between the islands of NXPC, etc. No airdrop? OK, then look for yield farming opportunities. No yield farming? OK, then look for arbitrage opportunities. No arbitrage? OK, then see if you can add a pool to make money off the fools.