pull down to refresh
101 sats \ 2 replies \ @grayruby 18h \ parent \ on: 📢 Fees are now active on Predyx — here’s why. oracle
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.
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.