Recently, a major DEX platform launched a new liquidity incentive scheme, changing the traditional method of earning points solely based on trading volume.



The key change is that now placing limit orders can also earn points. How does it work? It's simple— as long as your order remains on the order book for more than 3 seconds, the system will start awarding you points. The larger the order amount and the longer it stays, the faster you accumulate points.

What's interesting is that unfilled limit orders can earn Maker Points, and if the order is eventually filled, you receive Trading Points. This is quite friendly for users who want to participate in the ecosystem but prefer not to operate frequently. Instead of constantly chasing orders to increase volume, you can place orders and accumulate points slowly, with lower risk and a more comfortable experience.
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DaoResearchervip
· 01-07 21:01
It is worth noting that this incentive mechanism essentially optimizes the game-theoretic equilibrium of market maker behavior. From the perspective of token economics, the problem of incentive incompatibility still exists—large orders can be scored within 3 seconds, which will inevitably lead to layered wash trading and arbitrage behaviors.
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MonkeySeeMonkeyDovip
· 01-07 20:57
Placing orders can earn points, this is good news for lazy people haha But it still depends on whether the subsequent airdrops are worth it This set of rules feels much better than the previous volume farming methods, finally no need to watch the market all day Starting count in 3 seconds, so can I place a big order and then go to sleep It really has become a liquidity bank, indeed
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MysteryBoxAddictvip
· 01-07 20:56
No, this rule has some tricks. Can earn points just by lying down? I need to try it out. You can earn just by placing orders. Isn't that much more comfortable than chasing orders every day? Starting in 3 seconds? Then I can just place an order all day long, feeling great. Wait, could this be another new way to cut leeks... Will I lose money if I keep the order for a long time? Has anyone calculated this? Now my risk aversion is saved. I can finally participate properly.
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EyeOfTheTokenStormvip
· 01-07 20:45
This rule is clearly designed to incentivize providing liquidity. Technically, it has indeed improved market depth, but I am more concerned about whether the actual trading volume will be diluted. Wait, scoring starts in just 3 seconds? We need to watch out for someone placing orders to manipulate the market. Historical data shows that this kind of design is easily exploited for arbitrage and profit. Earning passively from placing orders sounds great, but in reality, this is a way to indirectly reduce trading activity. In the long run, this may not be good for the ecosystem. This wave of incentive design has a bit of the flavor of the 2017 crypto bubble, with all kinds of fancy incentives. And what happened in the end? The bubble burst and everything collapsed anyway. From a quantitative model perspective, short-term traders might shift to order placement strategies, which could change the entire market structure. Be cautious, brothers. But on the other hand, if it truly reduces market maker costs, it could be beneficial for liquidity in the long run—it's all about the implementation details. Another "IQ tax" rule? Just wait, someone will definitely find a way to extract a lot of points from this.
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NFTHoardervip
· 01-07 20:41
This rule change is interesting; I finally don't have to spam orders like a madman. Can placing orders also earn points? Then I need to reevaluate my strategy. --- Wait, earning points in just 3 seconds? It feels like the arbitrage space has opened up again... --- It sounds good, but could it turn into another form of quantitative trading arms race? --- Simply placing orders can accumulate points, so retail investors can finally breathe a sigh of relief. But it depends on the actual output. --- Really? Then all the time I spent chasing orders was wasted? --- There's some flavor to it. This design at least makes me, a lazy person, feel like I have a presence. --- Wait, with large orders and extended durations, is this going to be another whale playground? --- Try it out; placing orders is definitely less risky than chasing orders. --- I just want to know how the output of Maker Points compares to Trading Points.
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ShortingEnthusiastvip
· 01-07 20:34
Now it's finally a relief, I no longer have to watch the market and place orders all day. Just hanging around to earn points feels really good.
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