I didn't consider doing an op on this exchange when I was working on the prediction market.


On one hand, the progress is a bit behind schedule.
On the other hand, this exchange belongs to those projects that start a countdown to death as soon as they issue tokens, so it's not suitable for long-term development. (Regarding this point, no need for my friends to argue with me.)
I don't want to go through the hassle of writing scripts only to have it all wasted after a few days.
Just like when I initially developed perp, the points were secondary. No matter how bad the market is, you can still have some passive income. (I have calculated that arbitrage profits are greater than point earnings.)
Spending money to earn points is inherently a distorted model. If the strategy can't be profitable, it's no different from gambling.
Moreover, the scripts for prediction markets are different from perp. Connecting a new exchange is much more difficult than perp because there are many types of events and no standardization.
(If it's perp, using the same strategy to connect a new exchange only takes 2 hours.)
It's time-consuming and labor-intensive, and if it can't generate consistent, long-term stable income, then there's really no point.
PERP38,19%
View Original
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)