Transaction Details

{
  "msg": [
    "Axo: New Strategy"
  ]
}

{
  "d291e7366906741133d2bc46a080387eb02cfe6ba9fb932b7814e2ec": {
    "eF2jNv": {
      "algo": {
        "link": [
          "https://app.axo.trade/composer/f6c69d0d-cca6-479e-9a0b-060a58784",
          "869"
        ],
        "name": "Spread Market Maker",
        "utxo": [
          "bbbb327b53f9fc5d4e0820b0570f88ec123394078fefd8bcafa890cbb1f6cdff",
          "#0"
        ],
        "description": [
          "\nThe \"Spread Market Maker\" algorithm is designed for traders to ",
          "profit from the bid-ask spread by automatically setting buy and ",
          "sell orders at a constant distance from the current market price",
          ". This distance, set either in percentage or absolute value, det",
          "ermines how much lower than the current market price the buy ord",
          "ers are placed and how much higher the sell orders are set. For ",
          "instance, if the market price of an asset is $100 and the trader",
          " sets a $2 distance, the algorithm places a buy order at $98 and",
          " a sell order at $102. This method capitalizes on small price mo",
          "vements within a predefined range, aiming for profit from buying",
          " low and selling high, making it ideal for markets with stable p",
          "rices or predictable volatility. It offers a systematic, lower-e",
          "ffort approach to market making, allowing traders to benefit fro",
          "m price differences without the need to manually adjust orders f",
          "requently."
        ]
      },
      "init": {
        "state": {},
        "balance": {
          "ADA": 0,
          "DCD": 5000000000
        }
      },
      "name": "4% Spread ADA | 5K DCD <DCD, ADA>",
      "image": "ipfs://QmSc5wg9CanBvucDmjDwMC3TvtCLvALixwzYNGZTMFsDTk",
      "strat": {
        "link": "https://app.axo.trade/strategies/view/eF2jNv",
        "name": "4% Spread ADA | 5K DCD",
        "description": ""
      },
      "assets": [
        "59bc0484225992f0fafffc472784f89f1c75e496cb570ec2922b9243444344",
        ""
      ],
      "params": {
        "endDate": "2100-01-31T23:59:59.000Z",
        "distance": {
          "numerator": 1,
          "denominator": 25
        },
        "startDate": "1990-01-31T23:59:59.000Z"
      },
      "website": "https://axo.trade",
      "mediaType": "image/png"
    }
  }
}