Automated market maker taker taken offline

jl777(62)
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Without the liquidity award, the market volatility creates too much risk, it seems taker was arbitraged by some other bots and what little profits it made is gone. Its one thing to run a low spread bot for public service, but I cant afford to subsidize other bot's arbitrage profits.

You will see the $7.77 and $77.7 orders in the internal market go away over the next hours.

I have done what I could given the circumstances, but I cant afford to keep the market maker going. As I predicted, the selftrading market makers that got 98% of the liquidity awards dont seem to be very active anymore and even though taker only won 3 liquidity rewards, I feel it provided far more than 2% of the useful liquidity to the community.

If only I could keep getting 1 award per day, I could be running the bot indefinitely without being too worried about margins. Unfortunately, without any deep amount of profits from past rewards, I dont have the capital to keep running the bot.

James

Automated market maker taker taken offline | Ecency