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RE: What Is The Best Place To Buy HBD? | Data On HBD Liquidity And Trading Volume

in LeoFinance3 years ago

Slippage isn't terrible on the internal market if you are smart about trading. The stabilizer often buys and sometimes sells tens of thousands (sometimes hundreds of thousands) per day and barely moves the price.

The small liquidity pools that exist are okay for convenience and instant execution on moderate-sized orders only. They'd need to be much bigger to offer a real advantage on large orders, and it's not clear at all that the volume can support that.

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I agree, I set my orders and watch the bots eat away at it, and tell my friends to do the same. I don't think that is the same thing as 'slippage' tho, that's market making.

I am still thinking and campaigning that we can test a postive feedback loop on one of the small liquidity pools, using the following method: https://peakd.com/me/proposals/206

I continue to campaign as strategically as I know how, its not at all necessary to get a whole year, with two months we will have the data. Look in the graph above how the Swap.HBD:Swap.BUSD pool grew after BXT was introduced. This method in the proposal WILL have effects, and I really hope we can get some evidence and thus determine whether its worth it to keep funding or adjust levels up or down.

You can do market orders and still not have much slippage as long as you don't do too much at one time. 100 HBD repeatedly for hours/days = very little slippage. 100000 HBD at once = lots of slippage (if even possible).