A whales/bot game

Hi,

I am fairly certain that the way the bid points distribution favors whales/bots to the detriment of actual users.

By design top bids receive more points than lower bids BUT when these lower bids are placed by the hundreds or even thousands, the top bids get so diluted that they barely yield any point.

Not only whales can capture most of the points by placing more bids but these bids are also at a safer distance from the floor, meaning they almost never get dumped on. Another consequence of those massive, safe bids is that they don’t generate any trading volume, any royalty, nothing.

1 Like