We would have rolled out an update for the liquidity rewards system yesterday, but didn't want to mix two updates at once.
Despite claims that the rewards are "oversized", the people doing it are still providing liquidity. There is still an element of competition at play, unfortunately not many people are choosing to compete at the moment.
I like the "oversized" rewards, the issue is that there is no randomness to who wins, so there is no point to compete against abit. And filling a self-trade in the inside spread provides no liquidity at all and shouldnt be counted (I realize this is much easier said that done, hence the proposed coinage solution)
How long will the liquidity awards be active for? If it is not just a short term thing, then it would make sense for me to develop custom market makers. But if it is something that could be gone tomorrow, then it makes it a much riskier thing.
Although I'm not able to answer your question, I would appreciate your offer. However, no matter whether you will develop your market maker, there're already other bots running.
By the way new code has been deployed, please check (rule changed).
I came up with a couple more tweaks to the liquidity points that will help level the playing field: https://steemit.com/trading/@jl777/steem-dollars-discount-why-is-it-always-below-open-market-price
Do you have a link? Thanks.
https://github.com/steemit/steem/commit/c3ab0674507e9868b9e6145cbf0d2aa16424dc56
does the new rules prevent total domination by the godzilla account?
By now, not yet. But I'm not sure how it will go in the future.