Isn't it possible to get a different request cap logic for outcomes markets ?
Liquidity is very thin there, and I think market making those markets should be incentivized by the team, but currently we need to open/close a BTC position just to pay fees so we can raise our volume and limit cap, since HIP4 markets are no fees. I'm not sure forcing mms to pay $50 per 100K requests is the correct way to enhance liquidity for those markets.
Perhaps we could do $1 of volume on outcomes market = 1 request, as for the perp markets, but making it so those requests are just for HIP4 tokens in case the team is scared that some people wash trading with themselves to get free requests ?
Isn't it possible to get a different request cap logic for outcomes markets ?
Liquidity is very thin there, and I think market making those markets should be incentivized by the team, but currently we need to open/close a BTC position just to pay fees so we can raise our volume and limit cap, since HIP4 markets are no fees. I'm not sure forcing mms to pay $50 per 100K requests is the correct way to enhance liquidity for those markets.
Perhaps we could do $1 of volume on outcomes market = 1 request, as for the perp markets, but making it so those requests are just for HIP4 tokens in case the team is scared that some people wash trading with themselves to get free requests ?
<@393306224185180161> Would you mind elaborating why you don't agree on this ? I'm honestly puzzled on why this is the way it is right now
We can just take big volume account and trade on those that have hundred of millions of free requests instead, but it's just not fair for new users or mm that just want to try to quote this new market
<@393306224185180161> Would you mind elaborating why you don't agree on this ? I'm honestly puzzled on why this is the way it is right now
We can just take big volume account and trade on those that have hundred of millions of free requests instead, but it's just not fair for new users or mm that just want to try to quote this new market
wdym open/close BTC position just to pay fees? whats that supposed to mean i dont get it whatsoever. i dont seem to be facing any volume and limit caps. $50 per 100K request? what do u mean there as well?
wdym open/close BTC position just to pay fees? whats that supposed to mean i dont get it whatsoever. i dont seem to be facing any volume and limit caps. $50 per 100K request? what do u mean there as well?
This rule 1 request = 1 USDC traded does not apply to HIP4 markets, therefore if you mm on a fresh address on those markets you need to open and close position on perps in order to get those requests otherwise you keep hitting the cap
This rule 1 request = 1 USDC traded does not apply to HIP4 markets, therefore if you mm on a fresh address on those markets you need to open and close position on perps in order to get those requests otherwise you keep hitting the cap
thanks for taking your time to educate me guys, ive been a low frequency taker only so havent payed enough attention to all that
thanks for taking your time to educate me guys, ive been a low frequency taker only so havent payed enough attention to all that