Recently, I came across an interesting market maker incentive design. Instead of traditional trading rebates, this scheme directly monetizes the "order book itself." The core logic is simple: you don't need to trade every day; as long as you continuously and stably place dual-sided limit orders within a 10 basis point spread, the project team will distribute token rewards based on your online duration—totaling 5 million tokens per month. This model is very friendly to liquidity providers, reducing risk exposure while ensuring market depth. From the project's perspective, using tokens to incentivize and leverage liquidity is cost-effective and more efficient. To some extent, this reflects a shift in DeFi market maker incentives from "trade volume-driven" to "time depth-driven."

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Hash_Banditvip
· 01-07 06:55
honestly this is just proof-of-work for liquidity providers lol... you're literally mining rewards by keeping your rigs (order books) online and stable. reminds me of the early pool days when uptime was everything. neat shift from volume gaming to actual work.
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MEVSandwichVictimvip
· 01-07 06:50
This logic is okay, but don't be fooled by the figure of 5 million tokens per month. The real question is whether the project team can maintain ongoing popularity; otherwise, if the token drops to the floor price, it will be very awkward.
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QuorumVotervip
· 01-07 06:49
Wow, this logic is pretty awesome. You can earn passively without any transactions. Basically, it feels like paying salaries to liquidity providers.
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TrustlessMaximalistvip
· 01-07 06:43
This model has some substance. Compared to those superficial trading volume data, issuing tokens based on online duration is more transparent. Placing orders can earn passive income, and it feels like the cost of harvesting profits has been reduced.
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ForeverBuyingDipsvip
· 01-07 06:43
Oh, so you can earn just by placing orders while lying down? Feels too dreamy. --- But to be fair, this logic is really clever, much more worry-free than chasing trading volume every day. --- If 5 million tokens are divided among everyone, how many coins can each person get? The key still depends on the degree of dilution. --- Low risk is indeed attractive, but I'm just worried that the token itself will depreciate all the way, and all efforts will be wasted. --- This idea is indeed innovative, but it's hard to say how long it can sustain once put into practice. --- It's a bit like a disguised way of cutting liquidity providers; just looking at the duration without considering transactions feels off. --- Here, lying down and placing orders can bring in hundreds of thousands per month. I would go full-time immediately.
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ETHmaxi_NoFiltervip
· 01-07 06:34
Wow, this logic is pretty solid. Just by placing orders, you can earn tokens? Feels way more reliable than those fake trading volume tricks from before.
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