Epoch 6 & Beyond: Maker Liquidity Pool — 60% Platform Fee Reward

Maker Liquidity Pool performance report (epoch 7)

Epoch:7
Duration: 6/7/2023 - 3/8/2023
Reporting Date:3/8/2023

Part 1: Balance

Address Trading Pair Opening Bal Closing Bal
0xF937CE482E067B315446A1f63E48FFF599C788DB BTC-USDT 93,372.99 90,471.20
0x83ED913a3f7adC173f05e3bF60b5AA9dfaBFc3e6 ETH-USDT 95,981.72 95,800.22
0x17C2003c23604dC67845947A7514FddFB427cfe9 FX-USDT 93,764.89 93,678.42
0x5Eb1601b94CfA42d9ADBD7D0C62a5AA07f97c4CA 1MMONG-USDT 15,661.61 15,661.61
0x36049cBe2a336f71a22290e6Daf56ccb6D87D65B PIZA-USDT 1,295.86 1,295.86
Total 300,077.06 296,907.31

Part 2: Key metrics (all time)

Address Trading Pair Trading Volume No. of Transactions
0xF937CE482E067B315446A1f63E48FFF599C788DB BTC-USDT 22,562,848 13974941
0x83ED913a3f7adC173f05e3bF60b5AA9dfaBFc3e6 ETH-USDT 8,827,471 15,208,336
0x17C2003c23604dC67845947A7514FddFB427cfe9 FX-USDT 3,252,183 11,254,029
0x5Eb1601b94CfA42d9ADBD7D0C62a5AA07f97c4CA 1MMONG-USDT 24,278.98 437,246
0x36049cBe2a336f71a22290e6Daf56ccb6D87D65B PIZA-USDT 1,900 297,599
Total 34,668,679.85 41,172,151

Part 3: Profit and loss (current epoch)

Address Trading Pair Opening Bal Closing Bal PNL
0xF937CE482E067B315446A1f63E48FFF599C788DB BTC-USDT 93,372.99 90,471.20 -2,901.79
0x83ED913a3f7adC173f05e3bF60b5AA9dfaBFc3e6 ETH-USDT 95,981.72 95,800.22 -181.50
0x17C2003c23604dC67845947A7514FddFB427cfe9 FX-USDT 93,764.89 93,678.42 -86.47
0x5Eb1601b94CfA42d9ADBD7D0C62a5AA07f97c4CA 1MMONG-USDT 15,661.61 15,661.61 0.00
0x36049cBe2a336f71a22290e6Daf56ccb6D87D65B PIZA-USDT 1,295.86 1,295.86 0.00
Total 300,077.06 296,907.31 -3,169.75

hi @FxWorldValidator we read your concern

The market making pool is indeed stop taking fresh fund but the mm fund is still ongoing operating.

For those who has not withdrew your fund, the mm fund is still continue to work as it designed.

Just for understanding since the rules changed once or twice:

Who is sharing the PNL loss of -3169.75 usdt? Every participant equally or only those who withdraw the fund end of Epoch 7?
Do we have still debts from Epoch 1-6 or is it only -3169.75 usdt from Epoch 7?

every participant of the pool shall the loss proportionally

however, the loss shall only realised when the participant withdrew the fund

the accumulating loss from epoch 1- 7 is around $54k

the debt pool (cumulative) is around $15k (hence the loss of the existing fund that has not made the withdrawal request is around $39k)

1 Like

This platform is one real shitty platform because nothing works and everything keeps changing.For a start they can find a moderator that explains things better than Danny.Having 39k debt for a pool with 300k in it is crazy and looks like daylight robbery.Every Epoch comes with rules that often changes.I’m sorry to say but this folks at Marginx are not it and if care is not taken all the money in the pool will turn to debt in a matter of time and I think that’s their end goal.Get out while you still can.

Thanks @Danny for your answer. So right now if I would withdraw, the loss will be approximately -8.34%, right?

To all participants: Don’t forget the 100 day incentive bonus and the rewards that we collected till now.

@Drillz , it is extremely rude to say it like this.
I know I didn’t enter in because I didn’t understand fully how it was going to work.
And from what I see, some of you didn’t neither.
Maybe @Danny should set up strict rules towards “customers” and incentivize them since it seems it is an ongoing process.

Regards
@FrenchXCore

1 Like

@FrenchXCore What is rude is how they have played with investors hard earned money,they say they are professionals but the performance of the LP has been so poor.How do you want investors to feel when their deposit gets converted to debt ? People entrusted their money with them so the least they can do is explain things eloquently hence why I mentioned the moderation on this sub needs to be better.What kind of Usdt pool losses 10 percent in less than 6 months ???

3 Likes

Seen under the angle of “what kind of usdt pool looses 10% over 6 months”, I agree that some explanations would be welcome…

2 Likes