BlockBeats news, on September 8, crypto KOL 0xShawn (@ShawnThread) posted that he successfully minted BNC4 via the Four.meme platform at the after-hours U.S. stock market price, realizing a $230,000 arbitrage profit.
According to the 4Stock mechanism and official documentation of the Four.meme platform, the arbitrage process for 0xShawn is as follows: Shawn sends USDC to the designated minting address on Four.meme and submits a request. The platform processes the request, uses the funds to purchase actual BNC shares (CEA Industries), and mints BNC4 tokens to him on a 1:1 basis according to the actual quantity purchased.
After receiving the BNC4 tokens, Shawn immediately sold them on the BNB Chain. At the time, BNC4 on-chain was trading at 7 to 8 times the price of the underlying stock (the stock was trading at just over $4 after hours, while BNC4 briefly reached over $30), allowing him to realize an arbitrage profit.


