I’d like to mention btsbots. Marko and I started a room a while ago with the simple purpose of solving liquidity on the dex. From this room the bot proposal room was started.
In the liquidity room we have over 100 members now, btsbots is so hard to use I’d bet there’s less than 5 people in the room actively using it and these are some of the keenest people to provide liquidity in the community. All we talk about is btsbots and staggered orders, sometimes arbitrage. Jonny bitcoin has made a video guide, I have written a guide. Still we don’t know for sure what it does. How many years has btsbots been around? How few people are using it? Know about it? How little liquidity is it providing. To say btsbots is adequate to provide serious liquidity to the dex is naive and very unrealistic.
Btsbots only works on some markets and is only one strategy. The bot we are proposing will be available on ALL markets, even user created asset markets.
I hope that clears up why btsbots is a great toy to play with and not a good tool to work with. We are talking about providing serious liquidity to the whole dex. Not some chump change to one market. We need billions in liquidity.
Suggesting btsbots as adequate for this task, is quite frankly, a joke.
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