up to a whopping 67,000 liquidity points in the top 40. At this rate in about a month i might get a 1200 STEEM award, but probably not. Not self-trading is really a very poor way to get the liquidity points and I dont want to spend time fiddling with a perfectly good market making algo just to get points. As it is now, there is always a tight spread as my bot forces the spread to 0.001 on its own and all the point chasing bots need to squeeze inside the 0.001 or just clear out some space
so basically nothing from the liquidity points, abit did send me 100 STEEM as a bounty
NICE Im in the que but it tough a dont have a bot quite frankly dont have the time to even set 1 up...
I explain here https://steemit.com/investments/@jl777/boring-technical-explanation-of-my-automated-market-maker how I did it
i figure its worth 10 cents to click the upvote since it doesnt have a confirm button :)
great thanks... wow, must be nice to award yourself $0.11 for each time you reply lol!
wait so I can award my self 10 cents for upviting my comment? lol. well dat's fun.
Free moneeey, just sitting there. . . .
This is the kind of thing that makes me doubt how sustainable steem it it. I hope we can stir it in the right direction before it is bled dry. : P
Good work.
Wow @jl777 you're becoming a legend in my book. I'm new to this kind of stuff so I have to read and re-read all this to make sure I understand, but thank you for sharing. You're putting in some awesome effort this community.
As long as the bot keeps orders on the book, eventually it will earn points when the market moves. Likely will win the reward at least once everyday.
the problem is that currently due to lack of capital, i have to expire the orders after an hour, so it is only a small window of 30 minutes to 1 hour where it is able to get any points. Given enough capital, then yes, it will be many little pockets of stored value as the price moves
Try place orders less frequently and with longer expiration? Or smaller orders?