currently the reward ratio setting give much premium to USDT and BTC, which do not benefit the BTS holders and do not encourage buying BTS.
I feel we need to adjust the reward ratio for buy and sell orders, for example, we can set the ratio to 40:60 for buy and sell orders.
I think rewarding buy orders is encouraging people to show the willing to buy BTS. That's why we have a higher buyer reward ratio than the seller reward ratio. Rewarding more to sellers doesn't sound right to me, because having BTS on the order book is different than simple holding, it could have more serious consequences if we rushed to a higher seller reward ratio. By the way, if we want to reward holding, it seems staking is a good tool:
https://bitsharestalk.org/index.php?topic=31715.0 (in Chinese).
We have decent market depth in the DEX now, theoretically the DEX should "decide" the market price. If the amount of BTS was dumped in the DEX today but not in the CEXs, I guess the price won't drop so much. Why the dumpers didn't dump in the DEX? Why the DEX didn't attract those traders even when there is liquidity? I think the answer is lack of marketing / promotion, which you hesitated doing right now due to legal concerns (I guess).
One fact is GDEX isn't even listed on CoinMarketCap, our liquidity/volume has not been exposed to non-DEX traders. In other words, it's bad timing for us. As I mentioned in the Chinese post, to succeed, we need to do many things right, but not only adjusting the parameters.
Another question, why the big buy orders in the DEX move to lower price even when a small amount is dumped in CEXs? I know it's individual traders' trading strategies. We can try to make use of the strategies for our goals.