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55 sats \ 4 replies \ @mega_dreamer OP 14h \ parent \ on: 📢 Fees are now active on Predyx — here’s why. oracle
yes, guilty of not informing early enough.
I'm open to suggestion and ideas - what should be an ideal amount of fees in your perspective?
We can certainly remove fees, so that people can sell and exit if they don't agree with the fees.
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101 sats \ 2 replies \ @grayruby 14h
If you want people to buy and hold these fees are fine but if you want trading volume that should be at least half of this.
The lack of notice is what it is. You are in beta and all your users are supporters of the platform and want it to succeed.
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40 sats \ 1 reply \ @mega_dreamer OP 14h
Really sorry about "no advance notice". I will be careful in future to first discuss with the community on similar situations.
You advice is taken - we will reduce the trading fee to half i.e 1% buy, 1% sell ASAP. Please give us few hours, @emre just went to bed. Will implement it once he wakes up.
On the same note - I will try and give you market creation permission. You can can create a market by adding the liquidity - and see for yourself how much liquidity is lost on the conclusion of the market. This is an inherent problem with any AMM, and especially LMSR.
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101 sats \ 0 replies \ @grayruby 14h
That's great. I appreciate you guys hearing the feedback and trying to work with the community.
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40 sats \ 0 replies \ @Coinsreporter 14h
OKC "Yes" odds are 78.94 for yes but when you try to buy, it reaches to 95%
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