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RE: SPT Market Bot On Hive-Engine (Watch As I Jack The Price Of SPT)

in LeoFinance3 years ago

Well I think it's fine for tribe tokens as it adds liquidity. Unless we move directly to a AMM model, I don't see any way this will change. It gives people a chance to get out without impacting the actual price. This will suck for people who want to get a better price but I don't see much we can do about it.

One thing to note is that it might negatively affect things like INDEX since buying from the actual account lets it buy more underlying tokens. But besides this, I don't see much of an issue.

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Thanks for your input.

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