Add Liquidity Providers' Incentive on Spread
In reference to https://forums.dydx.community/discussion/2519-incentivize-liquidity-providers-on-spread
Target - Incentivize market makers to provide liquidity that could be accessible to ALL traders by narrowing spread
Suggestion - Adjust the current Qscore formula to add Liquidity Providersโ Incentive on Spread where each order gets Depth/(Spread^2) from current Depth/Spread to address higher importance to spread
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
Wintermute Governance | 4.196M | No - Keep current formula |
0x0000...f1eDa6 | 1.541M | No - Keep current formula |
0x21f6...5EfF03 | 1.221M | Yes - Add weight on spread |
0x9B66...716d12 | 486,311 | Yes - Add weight on spread |
0x7c1b...9f0D0D | 441,506 | Yes - Add weight on spread |
VOTE POWER
Proposal Status
- Mon January 10 2022, 04:00 pmVoting Period Starts
- Sat January 15 2022, 04:00 amEnd Voting Period
Current Results
1-No - Keep current formula
5.932M
2-Yes - Add weight on spread
2.918M
