Just discovered something INSANE on @tread_fi
Did some farming on Aster DEX.
Volume = 22.9m
Fees = 0 (Maker-only)
PnL = -$2.5k
Mode = Mid-2
That puts my actual cost at about 1.09bps or around 0.0109%
Now here’s where it gets interesting.
The real fees on Aster DEX is NOT ZERO. Because as a maker, you still pay fees to arbitrage bots.
Arbitrage bots are paying 0.04% in taker fees to eat your orders and profiting from price gap with other exchanges.
Hence no matter what, running a maker bot that generates volume is guaranteed to be a lost.
But the bigger question is:
How does it compare against the average wash trader farming exchanges for points?
Let’s assume you trade on Aster and half your orders are maker and half are taker.
Maker: 0 fees
Taker: 4 bps (0.04%)
Average: 2 bps (0.02%)
2 bps compared to 1.09 bps.
83.5% more cost efficiency with Tread’s MM bot then if you would have done it manually.
Did not even account for slippage here btw, which would have put your cost way higher (at least 1bps or more).
Perp DEX farming is now made available to the masses with maximum efficiency, minimal cost, and all while you sleep over the weekends and party.
Keep treading.
Ponzi games are simply just Ponzi games.
If you are getting shilled to join one with limited referral codes, there’s at least a 70% chance you are not early.
Don’t be the exit liquidity.
Protect your capital and buy dips when they get juicy.
It’s a better strategy.
The only rule that applies are the ones that deepen the pockets of UMA and poly insiders who profit from knowing how the market will already be resolved in such cases.
Here's another example showing that Polymarket is perfectly willing to allow additional time for information to emerge when it wants to.
Take the market: "Strait of Hormuz traffic returns to normal by a certain date?"
The situation is remarkably similar to the MicroStrategy market.
Just as PortWatch routinely publishes traffic data with a delay of several days, MicroStrategy also reports its transactions with a delay of several days. On top of that, MicroStrategy files these reports only on business days, and May 31 fell on a weekend. Therefore, if a purchase or sale occurred at the very end of the month, it was entirely predictable that official confirmation would not appear until Monday.
In both cases, the underlying event either happened or didn't happen before the deadline. The only uncertainty was when reliable confirmation would become available.
Yet Polymarket appears willing to wait for delayed confirmation in one case while insisting on a completely different standard in another.
This is exactly what frustrates so many users.
The problem isn't that Polymarket chose one interpretation over another.
The problem is the apparent lack of a consistent principle.
If delayed evidence is acceptable in one market but not another, users are left wondering what rule is actually being applied.
And once people start asking that question, trust in the platform inevitably suffers.
@willo2_Poly Damn 100% true. It's not specific to this market.
Polymarket "insiders" have been farming newcomers for too long it had to be said.
Markets will resolve wherever the "insiders" put their money on. Fullstop.
I’m utterly convinced the top 20-30 traders on polymarket make money because of how markets are resolved.
Since truth can be distorted and manipulated, it’s a risk-free money-printer.
Time to follow the “smart” money lmao.
I was right. If anyone bought No here, it was a free 3x profit lmao.
Market resolving as No because these are polymarket insiders who determine how it’s gonna resolve.
Unironically, Polymarket took over 24 hours to issue clarification to farm fees and farm users. 🥹
Lmao polymarket is cooked.
Imagine UMA whales deciding which side they are resolving based on their bags.
Sounds “fair” to me lmao
So did Microstrategy sell any bitcoin before 31 May?
No (Even if it’s factually yes).
Lmao polymarket is cooked.
Imagine UMA whales deciding which side they are resolving based on their bags.
Sounds “fair” to me lmao
So did Microstrategy sell any bitcoin before 31 May?
No (Even if it’s factually yes).
This US-Iran deal and no-deal bs is pretty hilarious lmao.
Imagine agreeing to an agreement that needs more agreeing to.
Absolutely shit-show to pump stocks and dump oil rofl.
Its crazy how many engagement farmers there are just for polymarket.
A trader up by $2-3 millions dollars is no big deal if his position sizing is in the millions.
What's important is consistency and EV.
@KieranWarwick So this is pumpfun but for games, which hasn’t seen any traction the last 4-5 years? Highly doubtful people want to speculate on these past the initial hype phase.
I see a lot of hype on the Beacon web3 game.
TBH I farmed this hard 2-3 years ago.
Trust me, the airdrop won’t be worth more than a few dollars if they ever TGE.
Web3 gaming is dead.
Stop wasting time.