Even though it's my first time using Predix ⚡ to create a market—and I don't fully understand how the market 💹 works—I earned 183 sats⚡. Could someone explain how the fees work when creating a market?
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Even though it's my first time using Predix ⚡ to create a market—and I don't fully understand how the market 💹 works—I earned 183 sats⚡. Could someone explain how the fees work when creating a market?
You set the fee amounts and then receive whatever liquidity is left after the market closes.
I still don't know how to do it. Do you think I should ask the AI?
You set the fees during the market making process. They default to 0.35 I believe but you can change it to whatever you want.
Excellent, I'll keep that in mind when creating another market—though, as I said, this is the first time I've opened one.