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RE: How to Improve the Internal Market - Steem/SBD - With Better/Fairer Liquidity Rewards and Implied Prices...

in #internal-market8 years ago

Great post and suggestions! Indeed, Steemit needs to increase its Internal Market transactions volume to make sense in having one in the end. Obviously, Liquidity Rewards needs to come back to provide strong incentive for transactions there.

One other idea that came to mind while reading your post @hisnameisolllie was to spread the reward across all the accounts that transact on the Internal Market, in equal shares, based on the same formula. A daily payout like this would create engagement for everyone as the reward is spread among all participants and it would be a total 28,800 Steem daily so plenty for everyone.
Also, having the exchanges use their own accounts here (Poloniex, Bittrex) that drive rather a solid volume, I believe setups like the ones used by @abit would be strongly discouraged.

PS: A small typo: 'I believe we can achieved a high volume...'

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