Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

[PM] How to encourage market creation? #739

Closed
sea212 opened this issue Aug 9, 2022 · 1 comment · Fixed by #1057
Closed

[PM] How to encourage market creation? #739

sea212 opened this issue Aug 9, 2022 · 1 comment · Fixed by #1057
Assignees
Labels
l:M Solving the issue takes days p:high High priority, prioritize the resolution of this issue t:enhancement The issue described an enhancement

Comments

@sea212
Copy link
Member

sea212 commented Aug 9, 2022

Currently there is a minimum bond of about $40 required to create a market. One argument why someone should create a market is because the gained insight directly affects the person.
Do we want to encourage people to create markets that provide insight that does not directly affect them, and if yes, how do we do that?
One suggestion was to take a minuscule part of the redeem value and assign it to the market creator. Another approach could be to reserve a part of the trading fee for the market creator.

@sea212 sea212 added p:medium Medium priority, this issue can wait but should be done fairly soon t:question The issue contains a question labels Aug 9, 2022
@maltekliemann
Copy link
Member

maltekliemann commented Aug 9, 2022

  • Users pay an entry-fee for the market: Before they can trade, they pay x% of the market bond. Means that if a market attracts at least 100/x users, the market creator makes a profit from entry-fees. (Requires O(user count) storage, so maybe not the best of ideas...)
  • Market creator gets x% of all the liquidity added to the market.

@sea212 sea212 added this to the v0.3.8 milestone Nov 8, 2022
@sea212 sea212 added l:M Solving the issue takes days t:enhancement The issue described an enhancement p:high High priority, prioritize the resolution of this issue and removed t:question The issue contains a question p:medium Medium priority, this issue can wait but should be done fairly soon labels Nov 8, 2022
@sea212 sea212 modified the milestones: v0.3.8, v0.3.9 Nov 22, 2022
@sea212 sea212 modified the milestones: v0.3.9, v0.4.0 Mar 28, 2023
@sea212 sea212 modified the milestones: v0.3.10, v0.3.11 Jul 20, 2023
@sea212 sea212 modified the milestones: v0.3.11, v0.4.0 Aug 3, 2023
@sea212 sea212 removed this from the v0.4.0 milestone Sep 11, 2023
Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment
Labels
l:M Solving the issue takes days p:high High priority, prioritize the resolution of this issue t:enhancement The issue described an enhancement
Projects
None yet
Development

Successfully merging a pull request may close this issue.

2 participants