StandX recently launched the Maker Points model, which is somewhat similar to the logic used by Blur back in the day—no need for actual transactions, just placing orders on the order book to accumulate points.
The amount of points depends on your order depth. Within the range of 10-100 basis points, the difference in scores at different positions is quite significant. The closer to the order book price, the higher the point rewards; conversely, the farther away, the more the points shrink. This gives market makers a more refined strategic space.
From a liquidity perspective, the effects are noticeable. Within a 50 basis point range on the order book, over 3 million in order book liquidity has already been accumulated, which is a significant improvement compared to before. This method of attracting liquidity through incentive mechanisms is gradually becoming a standard feature for small and medium exchanges.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
23 Likes
Reward
23
7
Repost
Share
Comment
0/400
RebaseVictim
· 01-09 15:41
It's the same old trick again—placing orders and getting a share. I wonder, what's the difference between this and making money?
View OriginalReply0
OnChainArchaeologist
· 01-08 01:40
It's the same old trick, Blur used to play this back in the day. Does anyone still fall for this?
View OriginalReply0
Ser_APY_2000
· 01-06 17:55
This is the same old trick from Blur again, placing orders to inflate points... But with a liquidity of 3 million, it's clear that someone is playing around.
View OriginalReply0
LazyDevMiner
· 01-06 17:53
It's the old trick of placing fake orders on worthless coins again. Who is BlurCopy fooling?
View OriginalReply0
NeonCollector
· 01-06 17:48
It's the same old trick again, Blur's method with a different name to keep profiting, placing orders to earn points... Sounds good, but the key is how much these points are actually worth in the end.
View OriginalReply0
RunWithRugs
· 01-06 17:43
It's the same trick again. Blur was also exploiting users like this back then. Now they're changing disguises to continue scamming.
View OriginalReply0
DaoDeveloper
· 01-06 17:32
honestly the depth incentive curve here is basically just turning order books into a liquidity mining pool... which works, but feels like we're just grafting yield farming onto market making without really solving the underlying coordination problem. the 10-100 bps spread window is tight enough that you'd need some serious game theory modeling to predict equilibrium behavior long term ngl
StandX recently launched the Maker Points model, which is somewhat similar to the logic used by Blur back in the day—no need for actual transactions, just placing orders on the order book to accumulate points.
The amount of points depends on your order depth. Within the range of 10-100 basis points, the difference in scores at different positions is quite significant. The closer to the order book price, the higher the point rewards; conversely, the farther away, the more the points shrink. This gives market makers a more refined strategic space.
From a liquidity perspective, the effects are noticeable. Within a 50 basis point range on the order book, over 3 million in order book liquidity has already been accumulated, which is a significant improvement compared to before. This method of attracting liquidity through incentive mechanisms is gradually becoming a standard feature for small and medium exchanges.