>>5115720I'll try to clobber together examples and you correct me if I understand this wrong, might be too much for the average anon in flowing text, bullet points work for exec nigger tier idiots:
>Both options- new currency based on oshicoining, let's call it $OSHI
- set order for X coins at price Y with Z $OSHI
- these orders need to be prioritized somehow, happens by amount of $OSHI PLUS the timing of the order
>Option 1:- It is your time in the queue
- system checks if you could buy X coins within your limit of Y
>so you want 60 Gura at a price of at most 1.2mil>current price is ~11.5k>you were second in the queue so the price is now actually ~11.62k>system adds fees, checks for liquid, you had to pay 1.05 mil (would be more but ignore that for now)>congratulations you just bought 60 Gura>You want to sell 25 Ame for at least 150k>You are last in the queue because you spent 1 $OSHI>max trade limit would be 22 coins, you're out>even if you place just 22 by the time it's your time in the queue, they're worth only 149kQuestion: How would fees work on Sales?
Assumption: Sale goes through, then fee is deducted, otherwise it fails without fee?
- $OSHI is gone either way.
>Option 2:- a queue is in place, determined by $OSHI and time of order placement
- the coins go out one by one instead of checking for batch
- You pay upfront, and get back whatever didn't go through inside your limits
>so you want 60 Gura at a price of at most 1.2mil>you pay 1.2mil up front>these are your war funds>the broker goes through the rounds, the price increases as coins are bought>you are able to get the 60 coins for $720k and pay $470k in fees (again, would be more so close to coin limit)>You want to sell 22 Ame for at least $150k>You deposit 22 Ame>max coins so 100% fees>your estimated 192k you would've gotten won't go through because by the time you're done the gross you get out dropped to $149k>you get your coins back and nothing happens1% of current circulation was the current assumption, this does a few things at once:
- remove tons of liquid from the market in huge bulk-buys of coins with huge volume
- unable to bulk-buy more than 4 Nana at once so small coins won't suddenly become chonky over night UNLESS 50 people have it on auto-buy which is COMING either way
Soooo
we're basically determining the value of $OSHI with Option 1 vs. Option 2.
Option 1 is the actual bulk buy, the higher you are in the queue the cheaper it will be, ASSUMING everyone buys, so it would be possible to queue a bulk buy on a coin who just pumped, spend 0-1 $OSHI and enjoy your cheap-again coin after 30-40 bulk sales
Option 2 would work in rapid cycles but you have no exit, once you are commited you are in it within your limits, position in queue doesn't matter as much as long as you're conservative with your limits.
