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[Worker Proposal] - DEXBot WP 2 Proposal Draft for Review/Feedback

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fractalnode:
I hope that the next WP is in preparation and we will see the further development of DEXBot. We can't waste what has already been done, there are still many strategies to code :)

bench:

--- Quote from: dh on February 06, 2020, 09:54:07 am ---Some information for dexbot users. I was involved in dexbot development in 2019, and as DEXBot funding was ended in December, I continued some developments in own repo https://github.com/bitfag/DEXBot.

Changes published:
* Recommended installation way via `pipenv`
* New relative MM strategy Flexible Orders
* Fixes to Staggered Orders strategy
* Stop Loss feature in Staggered Orders strategy
* Fresh bitshares libraries used (RPC error messages are shown in details)
* Some refactoring

New features developed privately and not published:

* ccxt-based liquidity mirror arbitrage DEX<->CEX: the bot places maker orders on DEX, and if filled, executes a corresponding trade on CEX, making desired profit
* Trailing Strategy: implements Trailing Buy, Trailing Stop Loss, Trailing Take Profit features. This is an implementation of commercial my3commas "Smart Trade" strategy for BitShares.

Contact me if you're interested in custom strategies etc.

--- End quote ---

Thank you for the great update!

dh:
Some information for dexbot users. I was involved in dexbot development in 2019, and as DEXBot funding was ended in December, I continued some developments in own repo https://github.com/bitfag/DEXBot.

Changes published:
* Recommended installation way via `pipenv`
* New relative MM strategy Flexible Orders
* Fixes to Staggered Orders strategy
* Stop Loss feature in Staggered Orders strategy
* Fresh bitshares libraries used (RPC error messages are shown in details)
* Some refactoring

New features developed privately and not published:

* ccxt-based liquidity mirror arbitrage DEX<->CEX: the bot places maker orders on DEX, and if filled, executes a corresponding trade on CEX, making desired profit
* Trailing Strategy: implements Trailing Buy, Trailing Stop Loss, Trailing Take Profit features. This is an implementation of commercial my3commas "Smart Trade" strategy for BitShares.

Contact me if you're interested in custom strategies etc.

Permie22:
DEXBot WP3 is the 6 month continuation of WP2. Only change is the daily bts payrate, now reduced to 16,300bts

https://www.dexbot.info/2019/06/04/dexbot-worker-proposal-wp3/

t.me/DEXBotbts

https://steemit.com/@dexbot

Cryptick1:
Customminer,
We are always taking ideas for the features people want. If enough people are interested, we could take a look at the a bit asset borrowing bot idea. That said, I know the people creating bitAssets is a small group, compared to all BitShares traders. The best place to discuss this idea is on the DexBot Telegram room.

We do recommend that each bot run on a separate account. Because accounts are free, and money management is very important, this was an easy way to avoid troubles.  (In the past, I actually ran multiple bots on one account and had very bad side effects. All the money got transferred over into one asset. To avoid that we decided a one bot one account was a much better way to run. It greatly simplifies order management and risk.) 

Digital Lucifer
Thanks for the great response to Thule3

Thule3
Let me add a couple of clarifying thoughts.

Time is money and most of us who have been working with guiding and helping the DexBot project have been doing so for free. As Marco is transitioning out of the role, Permie wan't to take on a more active Full time role. We believe that liquidity is crucial to the success of the BitShares, and the DEXbot is a great tool to expand and ensure that liquidity.

As far as online DexBot PR -We have realized that part of the success of any project is awareness and marketing, while our first year was spent building out the bot and features, we now realize more marketing it required. We think this will help facilitate that.

As far Financial Services Networking. We need to take these tools into other organizations and show them the value. This is generally called business development and marketing. We feel there is a need to do this to attract more business and activity onto the blockchain.

Everyone: For any other questions we have not answered please drop by the telegram room. We are much active over there. https://t.me/DEXBOTbts

-Cryptick1

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