I added fixed fees of 2.5 NXT per side for direct exchange. will be another 5 NXT for a hybrid orderbook trade
so this is a 5NXT to 10 NXT per trade and will discourage small orders and also those annoying bots that bid 1 satoshi higher, they wont be able to do that as the fee per trade is too expensive.
but for trades of ~0.2 BTC it is 0.1% fee, for 1 BTC trade it is <0.025%, which is quite a good deal
I added some error handling, but need to debug it as it is rejecting all trade offers. Anyway the basic function of InstantDEX is working via API, net week I hope the GUI team will release something like: yunbi.com/markets/nxtbtc just without all the centralized parts.
So finally we are close to being able to test a decentralized crypto exchange that looks like a centralized one. No charge for making/cancelling bids/asks and just a low fixed fee for trades. Additionally I will be deploying automated market makers for the major issues with a target bid/ask spread of 1%. this will create a lot more liquidity and value for everything involved. And of course BTCD will be the reference currency for the hybrid orderbooks that will bridge the crypto coins with the NXT assets
James
tl:dr it's ok to start getting excited