market marker pay fees?

[bitsharesbrazil]

Thanks

[pc]

The fees for creating / cancelling an order are extremely low, we're talking about less than US-$ 0.01 IIRC. Implementing changes for market makers would cost so much that is simply doesn't make sense, economically.

WRT trading fees on UIAs you should speak with the issuers of these UIAs directly. Have you seen this thread, for example: https://bitsharestalk.org/index.php/topic,18059.0.html

[bitsharesbrazil]

Thanks for explanation, i dont know how things works behind the scenes but certanly market makers of eth dont pay 50 btc to poloniex relative to their volume.....there must be an agreement.....for what the site says it is 0% for the maker......the advantage is that market maker bring more users n more fees

Services like lending n margin with enough liquidity probably would bring another good source of fees...

[dannotestein]

Do liquidiy providers pay fees? I think a guy that makes things happen shouldnt pay fees for transactions i dont know how to do it but it should have a 'plan, membership' for this......of course volume is improving in dex but we need more

CNX put forward several proposals related to this, but ultimately blockchain fees for placing orders were just made very cheap. The largest fees now are generally the "market fees" set by UIA custodians (these are charged as a percentage of the transaction when the order is filled). I think there were one or more proposals to allow a UIA custodian to charge more to the taker and less to the maker, but I was never convinced that this would really drive liquidity significantly, so I don't remember the details. IMO, a good market maker should be able to make a reasonable profit without paying a relatively small difference in fees from the taker and the implementation costs seemed high relative to the potential benefit.

[bitsharesbrazil]

Do liquidiy providers pay fees? I think a guy that makes things happen shouldnt pay fees for transactions i dont know how to do it but it should have a 'plan, membership' for this......of course volume is improving in dex but we need more