and they do this on many of the low-liquity perps.
Maybe scrap funding as long as daily volume < x.
Give Traders some incentive to enter .. instead of the two or three figures trying to milk fundingrates.
Maybe rethink funding on (low-liquidity) derivatives? Big players hijack, even pin, the mid‑price by holding bids above or asks below mark‑price and absorb any counter‑order. Traders have zero incentive to enter — they get milked and can’t exit.
@bitfinex@BitfinexReplies should rethink funding on (low-liquidity) derivatives. Big players hijack and even pin the mid‑price by holding bids above or asks below mark‑price and absorbing any counter‑order. Traders have zero incentive to enter — they get milked and can’t exit.
@tether hires @KPMG for audit ..
and I read this just on some wonky random alt-media thing ?? NOT from @bitfinex directly ?
ok .. sure .. why not
It's almost as if @bitfinex HATES media 😂
Too soon to post memes about #exit_scam and trips to the Bahamas @bitfinex and @BitfinexReplies ??
Never understood this 'hotfixing' instead of 'Staging Environment' and 'push to Live' .. 🙄
.. and it's not just the illegitimate liquidations..
this also has implications for the funding-rates
which are derived from mid_price and 'spread'
which depends on ..
you guessed it .. MARK PRICE
A CN is just minding their own business, doing stuff .. , and notices a 'discrepancy' on @BitfinexReplies TXAGF0 mark_price.
The 'friendly' and 'helpful' Trader they are reports this thus swiftly and dutiful ... to promptly just begetting the usual 🐎💩reply.
Just look at it
@john_j_brown Are you still on Bfx ?
other than on the Papertrades your name appears to be missing on the Leaderboard lately .. also some Bfx'ers noted decline in Liquidity on certain assets ..
Just asking on behalf of some Bfx Discords members interest.
@bitfinex and it will (hopefully) continue to break that ATH for a while ..
question is just till when/where
Seeing how most people expect 100k .. it will probably stop before that 🤔
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