On October 19th 2020 at approximately 5:00 pm EST, we launched GRAVY: the world’s first decentralized High Frequency Trading (dHFT) strategy. GRAVY’s trading logic is powered directly from the CPU resources of hundreds of miners distributed across the globe.
The best part is, we are just getting started. GRAVY produced these numbers at…
Each bar on this chart represents the percentage of EOS Nation’s total GRAVY mining transactions which were signed by each BP.
Over 20% of their total mining transactions occurred in their own blocks, showing unambiguously the scale of the advantage they received when they were scheduled to produce.
And why is EOS Nations’ arbitrage robot, trader.sx, exhibiting a similar pattern?
The NEXT 3 YEARS of EOS do not have to look like the LAST 3 YEARS. However, EOS cannot move forward if we keep looking to the same leaders that got us into this situation to get us out. If EOS were a nation, one that had lost 90% of its GDP over 3 years for example, there would be revolution.
Our take on Yves’ response:
EOS Nation chose to respond to our research via telegram, no doubt because they can literally control the narrative and remove dissenting speech, a privilege they exercised a number of occasions last night during…
GRAVY is the worlds first decentralized High Frequency Trading strategy (dHFT). Its execution logic is powered directly by CPU resources donated by mining nodes distributed across the globe.
Similar to Bitcoin, GRAVY miners are rewarded with a Proof-of-Work token called GRV in return for donating their CPU resources. Staking GRV entitles holders to a pro-rata portion of trading profits. Since inception on 2020–10–19, GRAVY miners have generated 2,101.1711 EOS ($5,637.44) of arbitrage profits, 100% of which flows to GRV stakers.
EOS Accounts representing over 25,000,000 EOS ($67,125,000) of CPU resources are actively mining GRV at the moment. …
The developers of EOSOptions announce the launch of The GRAVY DeFi Project. GRAVY is a high frequency trading (HFT) arbitrage strategy implemented on the EOS mainnet.
GRAVY mines for arbitrage opportunities with EOSIO CPU resources. GRAVY is powered by miners like you throughout the EOS mainnet who donate their CPU resources to power the trading strategy.
In return, miners are rewarded with GRV which is the protocol token for GRAVY. Staking the GRV token earns rewards which are paid out in EOS from arbitrage trading profits. 100% of trading profits will flow to the GRV staking reward pool.
The intention of this post is to provide a description of prime candidates for Quote Pit (QP) operators. You can think of each QP as its own individual DEX for a single product. A QP trades a single product e.g. BTC/USDT at the money 1-day call options. Just like any exchange, a QP performs the important function of aggregating liquidity at their venue.
As a result, QPs compete for trading volume. Every time a trade is matched on the QP, that QP receives a percentage of the LP’s flow fee, which is a direct commission charged to LPs for the…
As some of our stakeholders noticed last night, we have decided to increase the inflation pass-through rate from 80% to 90%.
The remaining 10% will flow directly into the EOSOptions Community Fund (CF) which is the foundation of our groundbreaking Negative Fee Model which pays end-users to trade. This creates a fairer system which acknowledges the existence of different classes of stakeholders and provides the incentive for each class to work together globally, while competing to earn the most within their particular niches in the market.
The EOSOptions Negative Fee model builds upon the DAPP Network’s built-in staking mechanics at its core: rather than charge participants like QP operators directly for the right to operate, EOSOptions charges an opportunity cost instead via DAPP token staking requirements.
For example, the following are the current opportunity costs for 1. running a QP and 2. becoming an LP:
Quote Pit (QP) Staking Requirement
1,000,000 $DAPP tokens staked per QP owned, this is the opportunity cost of running a QP, which means you forgo any direct inflation rewards but still maintain ownership of the stake.
Liquidity Provider (LP) Staking Requirement
EOSOptions has released preliminary guidelines for stakeholders wishing to register as Quote Pit (QP) owner/operators and Liquidity Providers (LPs).
These guidelines can be found in The Quote Pit and Liquidity Provider Handbook
In this handbook we describe the characteristics and properties of Quote Pits (QPs) and Liquidity Providers (LPs). The intention of this document is to provide preliminary guidance for operating as a QP and/or LP in EOSOptions. (Note: This document only covers QP and LP. Please see forthcoming documentation on other stakeholders.)
QPs and LPs form the basis of the EOSOptions Negative Fee model, which is designed to decentralize…