I just saw relevant content shared by the Opinion founder in the DC community
Organized and sharing with everyone 👇
The project's basic points distribution has actually remained unchanged, mainly divided into three categories (1. Placing orders to provide liquidity; 2. Trading volume; 3. Holding positions)
1. Placing orders to provide liquidity: a. The tighter the spread in placed orders, the more points b. The larger the order amount, the more points c. The longer the order duration, the more points Last week, the reason some users saw significant point reductions in this category: too many maker orders were placed on the Satoshi market
2. Trading volume: divided into limit order trading and market order trading. Because market order trading has been too low in recent weeks, the platform needs to further improve liquidity and trading activity. Starting from last week, the weight of limit order trading was reduced, while market order weight was increased a. The larger the trading volume, the more points (not recommended to conduct excessive high-frequency trading in low-risk areas; the market may face weight decay) b. The closer the market order price to 50% midpoint, the better for price discovery, the more points c. Successfully executed limit orders will also earn points
3. Holding positions (only encourage natural holding, not encourage holding for the sake of holding, so the proportion is smaller): a. The longer the holding time, the more points b. The larger the holding amount, the more points
Other: 1. Pair trading and high-frequency wash trading with dual accounts will directly have points distribution stopped 2. High-frequency rapid buy-sell-withdraw will be considered point farming and points distribution will be directly stopped 3. Excessive low-risk market overtrading (extremely high trading volume, such as satoshi) will cause weight decay for that individual market Last week, many accounts experienced significant point reductions, mainly due to excessive trading in low-risk markets (normal low-risk market trading will not cause this)
Friends running multiple accounts, pay extreme attention to the last two points and be careful of Sybil attacks!
I just saw relevant content shared by the Opinion founder in the DC community
Organized and sharing with everyone 👇
The project's basic points distribution has actually remained unchanged, mainly divided into three categories (1. Placing orders to provide liquidity; 2. Trading volume; 3. Holding positions)
1. Placing orders to provide liquidity:
a. The tighter the spread in placed orders, the more points
b. The larger the order amount, the more points
c. The longer the order duration, the more points Last week, the reason some users saw significant point reductions in this category: too many maker orders were placed on the Satoshi market
2. Trading volume: divided into limit order trading and market order trading. Because market order trading has been too low in recent weeks, the platform needs to further improve liquidity and trading activity. Starting from last week, the weight of limit order trading was reduced, while market order weight was increased
a. The larger the trading volume, the more points (not recommended to conduct excessive high-frequency trading in low-risk areas; the market may face weight decay)
b. The closer the market order price to 50% midpoint, the better for price discovery, the more points
c. Successfully executed limit orders will also earn points
3. Holding positions (only encourage natural holding, not encourage holding for the sake of holding, so the proportion is smaller):
a. The longer the holding time, the more points
b. The larger the holding amount, the more points
Other:
1. Pair trading and high-frequency wash trading with dual accounts will directly have points distribution stopped
2. High-frequency rapid buy-sell-withdraw will be considered point farming and points distribution will be directly stopped
3. Excessive low-risk market overtrading (extremely high trading volume, such as satoshi) will cause weight decay for that individual market Last week, many accounts experienced significant point reductions, mainly due to excessive trading in low-risk markets (normal low-risk market trading will not cause this)
Friends running multiple accounts, pay extreme attention to the last two points and be careful of Sybil attacks!