Trump’s next DNI market desperately needs a boost with rewards.
Trump’s next DNI market desperately needs a boost with rewards.
2026-07-08 · Kalshi · 19 条相关讨论
Trump’s next DNI market desperately needs a boost with rewards.
Trump’s next DNI market desperately needs a boost with rewards.
Are the liquidity incentive rewards listed on the website for a strike on the market page the daily amount or the total amount for the given time period?
Are the liquidity incentive rewards listed on the website for a strike on the market page the daily amount or the total amount for the given time period?
seems strange that liquidity rewards dont first check the market state?
seems strange that liquidity rewards dont first check the market state?
theres been rewards on markets that are trading @ 99 and are effectively over
theres been rewards on markets that are trading @ 99 and are effectively over
feels like a misallocation
feels like a misallocation
<@155720202724704258> Are we going to see the liquidity program expand? It's been rather stagnant (at best) and even trending downward in terms of the amount of rewards sometimes. Only a very small portion of the exchange's markets have rewards and I'd like to see that number go up, as would most other people. Also, the regulatory end-date for the program needs to be extended soon in a filing. I'd really like to see the exchange and the liquidity program grow and I think expanding the range of markets with rewards is an important way to do that. Right now, pretty much only new markets and a small select few of non-new markets are getting rewards. The amount of non-new markets getting rewards needs to be significantly boosted as otherwise most markets are just left out to dry with very little liquidity and no volume coming from it because of that. I can't tell you how many times I've opened a niche market wanting to trade, seeing a 44c spread, and then just bowing out. I think it would be a good idea to have some sort of flat amount that covers a much wider range of markets. (e.g. every politics market gets $10/day, every day, by default. This is, of course, a very small amount). Maybe the amount can be a function of volume, current liquidity, and whatever else too. Regardless, I think we need to see the program expand rather significantly.
<@155720202724704258> Are we going to see the liquidity program expand? It's been rather stagnant (at best) and even trending downward in terms of the amount of rewards sometimes. Only a very small portion of the exchange's markets have rewards and I'd like to see that number go up, as would most other people. Also, the regulatory end-date for the program needs to be extended soon in a filing. I'd really like to see the exchange and the liquidity program grow and I think expanding the range of markets with rewards is an important way to do that. Right now, pretty much only new markets and a small select few of non-new markets are getting rewards. The amount of non-new markets getting rewards needs to be significantly boosted as otherwise most markets are just left out to dry with very little liquidity and no volume coming from it because of that. I can't tell you how many times I've opened a niche market wanting to trade, seeing a 44c spread, and then just bowing out. I think it would be a good idea to have some sort of flat amount that covers a much wider range of markets. (e.g. every politics market gets $10/day, every day, by default. This is, of course, a very small amount). Maybe the amount can be a function of volume, current liquidity, and whatever else too. Regardless, I think we need to see the program expand rather significantly.
yea, we at climate would love if the daily temps rewards come back
yea, we at climate would love if the daily temps rewards come back
Hey <@522498585321930768> , I think we're issuing like $300K+ in rewards this week which is more than I think we have ever done before
Hey <@522498585321930768> , I think we're issuing like $300K+ in rewards this week which is more than I think we have ever done before
From the API, the total incentives currently out right out is around $300K, yes. But a lot of these are for time periods that are much greater than a week. A lot of those also have small individual reward amounts. To be clear, I agree that this week has been better than in the recent past. But I think there's a lot of room to grow still. Namely, the percentage of markets on the exchange that have any kind of reward is still quite small. I just think that some sort of more coordinated effort to expand liquidity on a broader scale would be helpful.
From the API, the total incentives currently out right out is around $300K, yes. But a lot of these are for time periods that are much greater than a week. A lot of those also have small individual reward amounts. To be clear, I agree that this week has been better than in the recent past. But I think there's a lot of room to grow still. Namely, the percentage of markets on the exchange that have any kind of reward is still quite small. I just think that some sort of more coordinated effort to expand liquidity on a broader scale would be helpful.
Having some sort of system where every market of type ABC (e.g. every 2026 Senate market) receives a certain daily reward would be great. It's much more predictable and therefore much easier to trade. One of the hardest things trading wise about the current system is that markets seem to randomly get incentives for a few days and then just simply stop.
Having some sort of system where every market of type ABC (e.g. every 2026 Senate market) receives a certain daily reward would be great. It's much more predictable and therefore much easier to trade. One of the hardest things trading wise about the current system is that markets seem to randomly get incentives for a few days and then just simply stop.
Not trying to be combative or anything — just giving my thoughts. And I do agree that this week has been much better than most of June.
Not trying to be combative or anything — just giving my thoughts. And I do agree that this week has been much better than most of June.
Imho, rewards are way too concentrated in markets that are $0.99 bid. Reward risk takers and not parasites.
Imho, rewards are way too concentrated in markets that are $0.99 bid. Reward risk takers and not parasites.
Yeah this all makes sense
Yeah this all makes sense
Yes, I think this is a reasonable expectation. Having to deal with order books being entirely invalid is a different story, but I realize that dealing with investor expectations means being less honest about things.
Yes, I think this is a reasonable expectation. Having to deal with order books being entirely invalid is a different story, but I realize that dealing with investor expectations means being less honest about things.
Yeah, im not sure if rewards are allocated manually or not, but many of these .99 markets have no real reason to ever have rewards
Yeah, im not sure if rewards are allocated manually or not, but many of these .99 markets have no real reason to ever have rewards
allocations are much better in different areas
allocations are much better in different areas
<@155720202724704258> A lot of niche markets would greatly benefit from liquidity rewards that are currently mostly hoarded by markets that already have plenty of liquidity anyway. If anything, these rewards can simply just be redirected from high volume and liquidity markets (which don't really need them) to low volume and liquidity markets (which actually do). The base idea of liquidity rewards is to incentivize liquidity (and therefore volume) that wouldn't be there otherwise if the rewards weren't in place. Expanding the number of niche markets with rewards (while of course not compromising the reward amounts) will help the spirit of the program vastly. A lot of market types and categories could be improved by having some sort of flat reward amount per week given to all markets. For example, all weather markets can receive a certain amount of rewards. All 2026 Senate and House race markets can receive a certain amount as well. Then, instead of having a garbled mess of random markets with rewards, you can simply show on the rewards page that all weather markets are getting $ABC/day. This also removes the strange phenomenon where, say, a couple random markets in a category will have rewards and a full orderbook while the others are just left out to dry. Right now, new markets and other seemingly random markets get rewards for a few days and then disappear off the face of the Earth. While the rewards do significantly help during that period, the period should be expanded! I think it is much more beneficial for an entire category of market to receive rewards than mere random selection. Instead of makers putting orders on 2 random Senate races for 4 days (that are only visible via API or through tedious scrolling on the rewards page) before the market loses rewards and dies again, makers can stably put up orders on ALL Senate races and can also know that the category will have rewards for a longer time.
<@155720202724704258> A lot of niche markets would greatly benefit from liquidity rewards that are currently mostly hoarded by markets that already have plenty of liquidity anyway. If anything, these rewards can simply just be redirected from high volume and liquidity markets (which don't really need them) to low volume and liquidity markets (which actually do). The base idea of liquidity rewards is to incentivize liquidity (and therefore volume) that wouldn't be there otherwise if the rewards weren't in place. Expanding the number of niche markets with rewards (while of course not compromising the reward amounts) will help the spirit of the program vastly. A lot of market types and categories could be improved by having some sort of flat reward amount per week given to all markets. For example, all weather markets can receive a certain amount of rewards. All 2026 Senate and House race markets can receive a certain amount as well. Then, instead of having a garbled mess of random markets with rewards, you can simply show on the rewards page that all weather markets are getting $ABC/day. This also removes the strange phenomenon where, say, a couple random markets in a category will have rewards and a full orderbook while the others are just left out to dry. Right now, new markets and other seemingly random markets get rewards for a few days and then disappear off the face of the Earth. While the rewards do significantly help during that period, the period should be expanded! I think it is much more beneficial for an entire category of market to receive rewards than mere random selection. Instead of makers putting orders on 2 random Senate races for 4 days (that are only visible via API or through tedious scrolling on the rewards page) before the market loses rewards and dies again, makers can stably put up orders on ALL Senate races and can also know that the category will have rewards for a longer time.
Hey <@522498585321930768> , that’s fair and I think makes sense if we think that there will be a lot of programmatic making as a result of the rewards, but unfortunately it would mean significant reducing the per strike rewards - for instance, on house margin of victory we have something like 5000 markets live - even giving $50 a week to each would be $250K. Or weather, we have something like 3000 NYC hourly markets live a week
Hey <@522498585321930768> , that’s fair and I think makes sense if we think that there will be a lot of programmatic making as a result of the rewards, but unfortunately it would mean significant reducing the per strike rewards - for instance, on house margin of victory we have something like 5000 markets live - even giving $50 a week to each would be $250K. Or weather, we have something like 3000 NYC hourly markets live a week
OK got it, thank you! We may try that
OK got it, thank you! We may try that