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closedEnded 4 years ago ยท Snapshot (Offchain)

Add Liquidity Providers' Incentive on Spread

By 0x0010...A5E13B

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

Connect Wallet to Add Note
0
Votes 190
VoterCast PowerVote & 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

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VOTE POWER
0
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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

67.03%

2-Yes - Add weight on spread

2.918M

32.97%
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