secretshardul
commented
3 years ago Isn't Raydium doing the same thing, but as an external service?
Open armaniferrante opened 3 years ago
secretshardul
commented
3 years ago Isn't Raydium doing the same thing, but as an external service?
A liquidity token mechanism should be explored. Something that rewards and incentives people to provide liquidity on a specific market. This feature has come up a couple times in discussions with projects.
One potential design described by @nathanielparke: You could set an address for an lp mint in an open orders account and whenever the dex matches a maker order it mints some of the lp token proportional to the size that was matched. You could then imagine changing the fee structure s.t. makers get paid a rebate or something via this pool token and they can redeem the pool token for the underlying fees that were generated from their trades.