I think if an account only buys and sells and does nothing else, that's a red flag.But if you look at the top leaderboard, it’s hard to imagine that such a number could be achieved only through daily tasks, even if you made the maximum bets of 5000I think the team understands this anyway.
I think if an account only buys and sells and does nothing else, that's a red flag.But if you look at the top leaderboard, it’s hard to imagine that such a number could be achieved only through daily tasks, even if you made the maximum bets of 5000I think the team understands this anyway.
Does the staff know about the leaderboard/LP reward abuse? Top 30 wallets (probably more) alle belong to a single operator? He wash trade crypto markets with himaelf to make 14k a day from the liquidity rewards
Does the staff know about the leaderboard/LP reward abuse? Top 30 wallets (probably more) alle belong to a single operator? He wash trade crypto markets with himaelf to make 14k a day from the liquidity rewards
Yes, they should reduce maker rebates, its basicaly free to wash trade now
Yes, they should reduce maker rebates, its basicaly free to wash trade now
I don't think all top 30 are sybils (I am in top 30 lol) but i agree there are a handful of them that came out of no where showing same behaviour.
I don't think all top 30 are sybils (I am in top 30 lol) but i agree there are a handful of them that came out of no where showing same behaviour.
Yeah sorry it was a rough estimate. Just very openly aswell, all the volume for hourly and daily crypto markets is generated by 30 wallets trading with themselves. I don’t understand how the team doesnt start banning, its so obvious aswell. Took me 5 minutes to find the hot wallets funding everything. He’s taking 80% of all LP rewards.
Yeah sorry it was a rough estimate. Just very openly aswell, all the volume for hourly and daily crypto markets is generated by 30 wallets trading with themselves. I don’t understand how the team doesnt start banning, its so obvious aswell. Took me 5 minutes to find the hot wallets funding everything. He’s taking 80% of all LP rewards.
Pretty sure the “lp reward” in question is just maker rebate which is supposedly generated through trading fees. After all volume is volume, washed or not.
The actual lp reward dropped from $7000+ just a couple weeks earlier to less than $700 distributed today :/. Sad
Pretty sure the “lp reward” in question is just maker rebate which is supposedly generated through trading fees. After all volume is volume, washed or not.
The actual lp reward dropped from $7000+ just a couple weeks earlier to less than $700 distributed today :/. Sad
Which trading counts as wash trading?
Which trading counts as wash trading?
Hey can we buy at 99.99 and sell instant at 99.95 something
Is this okay?
Hey can we buy at 99.99 and sell instant at 99.95 something
Is this okay?
If you buys at 99.9 and sells at 99.5 that's not profitable, so doesn't count
If you buys at 99.9 and sells at 99.5 that's not profitable, so doesn't count
Nah is it wash trading or it's fine?
Nah is it wash trading or it's fine?
Ok tell me about this
How actually wash trading looks like so i aware
Ok tell me about this
How actually wash trading looks like so i aware
<@1489251488885768193>
<@1489251488885768193>
According to our docs, wash trading is a form of market manipulation where a user artificially influences market prices or outcomes - prohibited on Limitless. It involves trading in a way that creates misleading activity, often by coordinating trades with others or using multiple accounts
According to our docs, wash trading is a form of market manipulation where a user artificially influences market prices or outcomes - prohibited on Limitless. It involves trading in a way that creates misleading activity, often by coordinating trades with others or using multiple accounts
So if i trade buy and than sell instant with 0.05 to 0.10$ loss it's not count as wash trading? Is it okay?
So if i trade buy and than sell instant with 0.05 to 0.10$ loss it's not count as wash trading? Is it okay?
I'm sorry, but I cannot confirm this information. We just as you to trade fairly and not to do market manipulation
I'm sorry, but I cannot confirm this information. We just as you to trade fairly and not to do market manipulation
Can u confirm it from devs?
Can u confirm it from devs?
I'll check
I'll check
I've just jumped up 10 spots in the road to 1,000,000. Have washtraders been purged?
I've just jumped up 10 spots in the road to 1,000,000. Have washtraders been purged?
Team should've just kicked washtraders on a weekly basis because people with lower xps think they are gigadiluted
Team should've just kicked washtraders on a weekly basis because people with lower xps think they are gigadiluted