It seems that placing Orders reduces the Portfolio Value, which is used to calculate the Vip Level...
I think that I should not lose my Vip Status if I bring Liquidity to the Markets... In contrary I should be incentivized to do it, could something like Compound Earn be implemented on Buy Orders and Liquidity Pools, like I commit to keep my Order for at least 7 days or so (if not filled first, and 7 days are already enforced for Liquidity Pools anyway) and earn Interest on the locked Usd? That would incentivize people to bring Liquidity and you reward funds that don't just sit there doing nothing.
A couple other suggestions, could we have a button to claim the Earned Liquidity Pool Fees and Compound Earn Interest so we don't have to close and reopen every time? Or just directly auto add to usable Balance?
And could we have Liquidity Pools for Btc or Ltc even though they are not Official Listings? It is not like Satoshi is going to come back to contact the NestEx Staff for a Listing, but I would like to set up some Btc/Usd Liquidity Pool, that would help having something between the ugly 46% Spread...
Hi so if you make an LP it does indeed count toward the VIP status. But you're right I think order book value is not counted. This may be an error. Let me dig into and have it fixed. Thanks for the feedback!
Button to claim liquidity fees = this is work in progress; we'll add it in the near future. We are trying a couple of different models (including one where the additional earned fees are paid directly to the LP holder's balance).
Yes you can have liquidity pools for unofficial coins as well, but in case of coins like BTC, LTC we keep it "pegged" which would be a disaster for an LP holder. So if anyone wishes to make an LP on those we're happy to remove the pegging and enable the LP - but can you raise a support ticket for this please (I'll be the one to take action, I just need a support ticket in the system to help me take it forward).
Thanks again for taking the time to use our platform!!