Quote from: Forobitcoins on February 20, 2017, 08:31:46 AM

Quote from: jl777 on February 20, 2017, 07:08:17 AM

I've deployed an automated market maker on bittrex. It's goal is to provide a tight spread for a 0.1 BTC size. This is a precursor to the LP node support as it will include automated marketmakers that advanced users can deploy. It should just be a form to configure some operating options in the GUI, so anybody so inclined could deploy a marketmaker. However, there is some risk in running a marketmaker if there is a large price movement, so make sure you understand the settings before deploying it with any large amount of funds.

For large KMD holders providing liquidity to the market will increase the value of KMD as liquidity is one of the components that goes into the market valuation of a crypto.

Next step is to extend the marketmaker to provide DEX liquidity.

Once that is debugged, we will be able to offer a decentralized shapeshift type of service via iguana GUI, where the end user is only doing atomic cross chain swaps and not interacting directly with any central exchange

Currently the market maker is set to a very low margin so KMD now has a 0.4% spread, which is consistently one of the lowest on bittrex. If you see quotes ending with 0.777 that is the market maker. It would be good to test out its behavior, so I encourage people to trade against the marketmaker and see if you can make it go crazy

Thanks jl777, do you know when we can migrate supernet assets to the komodo chain?

First we need to get the GUI support for assetchain coins, then it will make sense to start the migration.

I also want the DEX working at that point, so we can get all the various markets established

as far as when, i hope within a month but not sure we can get it all done by then. But most of the required infrastructure is in place, so I am optimistic about the timeframe