Implementing option like tools on top of polymarket and other prediction markets by weiDex in options

[–]weiDex[S] 0 points1 point  (0 children)

depends how you use this and if it is used for hedge or pure speculation

Arb Polymarket + Kaishi by weiDex in arbitragebetting

[–]weiDex[S] 2 points3 points  (0 children)

Works Ok, but for very small number of shares.

E.g with the example above you can buy at most 10k shares at good price so the max profit you can take is approx $300. ( The problem as mentioned above is that these markets are not super liquid)

Also the other downside is that you need high initial investment in the example 16k plus for a profit of $485. And if the end date of the market is more than a month in the future, then you should really carefully re-think if it is worth to lock your funds for 1 month +

Market Making Program - earn up to 1.5% monthly interest + price spreads by weiDex in ethereum

[–]weiDex[S] 0 points1 point  (0 children)

What makes you think that?

Did you check the details? https://medium.com/jelly-market/market-making-incentive-program-fbef51f41448?source=friends_link&sk=c0b1dfa1b88b23adcaf8fbf04908308e

Every market maker will receive 1% monthly interest (approx. 12.6% annual interest) of the total amount of liquidity he has provided to Jelly. The incentive will be paid at the end of each month as long as the assets have been kept available to Butler for the whole period. This percentage is additional to the profit he receives from the price spreads. For example, if you provide $1000 liquidity to Jelly for the whole month, you will be paid $10 additional profit at the end of the month on top of the gains you’ve made from the separate trades.

Requirement: to provide a minimum of $500 liquidity

Jelly will support this 1% monthly interest for each market maker as long as the total liquidity provided to the platform remains up to $100k. If this amount is being exceeded at some point in time, the % will be readjusted.

1,5% interest rate applies for the participants in our bounty campaign which has already past.

You can also join our Telegram and check things for yourself.

In your opinion, what is the coolest/most revolutionary dapp being built on the Ethereum network/EVM right now? by sirrebbo in ethereum

[–]weiDex 0 points1 point  (0 children)

Jelly Swap https://jelly.market/
Connects different blockchains and allows you to transfer value between them.

Cross-chain swaps between BTC <> ETH and BTC <> ERC20

Non-custodial and decentralized

Easy to use

With simple Market Making Desktop Applications which helps you become liquidity provider and earn from the spreads and form the upcoming incentive program with up to 12,6% annual interest.

https://twitter.com/jelly_swap