Author Topic: [Market Making Contest Announcement] Adding bitAsset markets to the contest  (Read 2648 times)

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Offline bitcrab

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it's time of bitEUR, or maybe also bitRUBLE.

as bitCNY and bitUSD are off peg.

MM miners can pay more attention on them.
Email:bitcrab@qq.com

Offline R

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Why would you add fraudulent assets to the contest?

Offline sschiessl

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Did the majority of committee agree to adding bitassets? In light of a possible BSIP 86 transparency is very important, at least for me.
« Last Edit: January 11, 2020, 07:36:57 am by sschiessl »

Offline abit

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Now we have these market pairs in the contest:

BTS / [gateways].BTC
BTS / [gateways].USDT
BTS / [gateways].ETH
BTS / [gateways].EOS

Starting from Sunday 12th January, these pairs will be kept but daily rewards will be reduced to 10,000 BTS each market pair, in the meanwhile all other parameters will be kept unchanged:
* buyer:seller reward ratio 70:30,
* target depth of each group 1,000,000 BTS,
* minimum valid order size 100 BTS.

In addition, starting from Sunday 12th January, following market pairs will be added to the contest (valid bitAssets are bitCNY, bitUSD, bitEUR and bitRUBLE):

* [gateways].BTC / bitAssets,
  - daily reward 5,000 BTS,
  - buyer:seller reward ratio 50:50,
  - target depth of each group 4 BTC,
  - minimum valid order size 0.001 BTC

* [gateways].ETH / bitAssets,
  - daily reward 5,000 BTS,
  - buyer:seller reward ratio 50:50,
  - target depth of each group 200 ETH,
  - minimum valid order size 0.05 ETH

* [gateways].EOS / bitAssets,
  - daily reward 5,000 BTS,
  - buyer:seller reward ratio 50:50,
  - target depth of each group 10,000 EOS,
  - minimum valid order size 2 EOS

* [gateways].USDT / bitAssets,
  - daily reward 5,000 BTS,
  - buyer:seller reward ratio 50:50,
  - target depth of each group 50,000 USDT,
  - minimum valid order size 10 USDT

More info: https://bitsharestalk.org/index.php?topic=31515.0
BitShares committee member: abit
BitShares witness: in.abit