pull down to refresh
101 sats \ 1 reply \ @south_korea_ln OP 1 May \ on: What to improve for the Predyx platform? devs
I think on other prediction market platforms, a user can simply set up new markets without having to request it through you. There might be good reasons to have some moderation of available markets, though. And it's always good to have some starting liquidity injected by you when setting it up. Not sure about this one.
Creating your own markets is coming in Phase 2 - starting June 1st. The only reason we are delaying it because we are not charging any fees yet.
In an LMSR/AMM (Automated Market Maker) you need subsidize a market with initial liquidity. If you don't charge fees, you're basically running the market in loss in a thinly traded markets. So far we've been running all out markets in loss.
That being, if we introduce market creation by users without any fees - there will be no incentive for the creators. No one would want to create the markets at loss.
reply