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Tbh idk how many more I will do. Not super economically profitable but appreciate the rating
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I agree - at this pint it's not very economically profitable due to 3 main reasons:
- Low volume - you need to raise your fees for low volume markets.
- Its AMM - so you're paying for worst case loss (WCL). WIth AMM the only way to gain back your WCL is with fees.
- Once we introduce CDA/CLOB markets, probably by April. You will not need to inject much liquidity, just enough to get the market started. The liquidity will be provided my the market makers (limit buy/sell orders). The liquidity will organically grow with time and trades, and you'll just be reaping the income from all the fees.
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It's ok I appreciate the 69 sats.
I was able to view this market through your link but I could not place a bet. Invoice won't create.
I rated a couple of your markets because I saw you had not had one rated yet so reliability was still at zero. I wonder if that will help visibility of your markets.