A leading trading platform just rolled out an interesting liquidity maker initiative combining an uptime campaign with point rewards. Here's how it works: you can place limit orders without worrying about execution—orders sitting within 10 basis points on both sides of the spread qualify. The more you contribute in order size and maintain consistent uptime, the higher your rewards. The platform is distributing 5 million tokens monthly among participants. Essentially, traders get compensated for providing market liquidity and tightening spreads. It's a clever way to deepen order book depth while rewarding market makers for their participation.
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MetaverseLandlady
· 6h ago
10 basis points on both sides? How is there still such a big spread? It doesn't seem to make much sense.
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AirdropHunter
· 01-07 11:50
Wow, this wave of free tokens is so generous? 5 million tokens allocated monthly, I need to rush and grab it.
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DecentralizedElder
· 01-07 11:31
Whoa, 5 million tokens per month? Can this spread really make money?
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MetaMaximalist
· 01-07 11:31
honestly this is just market-making with extra steps... the 10bps spread requirement screams they're desperate for real liquidity. seen this playbook before and it rarely scales beyond the incentive farming phase tbh
A leading trading platform just rolled out an interesting liquidity maker initiative combining an uptime campaign with point rewards. Here's how it works: you can place limit orders without worrying about execution—orders sitting within 10 basis points on both sides of the spread qualify. The more you contribute in order size and maintain consistent uptime, the higher your rewards. The platform is distributing 5 million tokens monthly among participants. Essentially, traders get compensated for providing market liquidity and tightening spreads. It's a clever way to deepen order book depth while rewarding market makers for their participation.