Does liquidity reward really require bid to be there for 30 minutes?

in #steem8 years ago

I created a .001 spread as described in https://steemit.com/trading/@jl777/0-000-spread-in-internal-market

within minutes, both sides were bought and sold. but since it wasnt there for 30 minutes it seems that I get 0 liquidity points?

I dont appear anywhere on https://steemd.com/tools and this data matches what the get_liquidity_queue API call returns. So instead of getting 1 million liquidity points that creating real liquidity to real people should get, I get zero?

Please tell me I am wrong about this 30 minute threshold

Sort:  

My guess is that an additional way the new bots are gaming the system is by buying out competing orders before they qualify for the liquidity reward.

yes. abit is attacking the other market makers by clearing out all the other orders prior to 30 minutes, so they dont get any points at all, while having provided all the real liquidity.

https://steemit.com/hack/@jl777/i-am-being-attacked-on-liquidity-provider-points

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.030
BTC 61739.92
ETH 2432.22
USDT 1.00
SBD 2.65