Current system gives multipliers to top 10, 25, 50 and 100 bidders. The top 10 has no cap in the amount of points that are given at this multiplier. I propose a static number of points are given to each 5 min tick depending on the place in the chart.
Numbers below are purely an example.
Bonus
- 2000 (or 6.9 point bonus per 5 minute tick)
- 1975
- 1950
- 1925
- 1900
- 1875
This would reduce extra risk taken by bidders to obtain 1.5-2x or prevent losing 2.5 to 2x as examples. It would also prevent substantial amount of points going to individuals who are rewarded for pushing out the competition using massive walls that are not intended to fill, in order to gain substantial market share of points.
The current top points provider received over 20k points from the multiplier in the last 24 hours. A system where this multiplier is more fairly distributed to liquidity providers would go a long way towards a healthier system and a healthier distributed token.