Will Gurkenglas convince me that multiplying the net winnings of the market creator by (L_tot-100)/L_tot would not effectively fix the "free money for market creators" "exploit" currently extant in the free daily market system?
4
149Ṁ5501resolved May 22
Resolved
NO1H
6H
1D
1W
1M
ALL
(see description)
Note that this is based on my judgment - if there is some extremely convoluted way (especially involving coordination with other actors) for the market creator to still pocket a significant portion of the daily $100 I would likely still consider my solution worthwhile. Similarly, if due to some minor quirk of the fee structure or similar, market creators can still net some small daily amount (say $5 or under) I would still consider the solution worthwhile.
For a YES resolution, Gurkenglas would have to articulate a hole in the solution large enough and reliable enough for me to think the exploit would be worth continuing to use.
May 21, 11:36am: (in the question title, L_tot is total question liquidity at time of resolution)
May 21, 11:45am: also, regarding the proposed solution - this would only apply to daily free markets. Market creators would not have their net winnings penalized on markets they ante'd up for themselves.
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