Transaction Details

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

{
  "0efba10cc631f23044a7eb5dffa4ddb361349c5b50abcbd6340a4c27": {
    "MM_yTNMI2": {
      "algo": {
        "link": [
          "https://app.axo.trade/composer/45e486fd-2036-49f3-9e44-339042b85",
          "848"
        ],
        "name": "Asymmetrical Offset Reference Market Maker",
        "utxo": [
          "59bf265c832190d141dc3cb1fd701b555ce0bd7440758618da1cc1c655b7a604",
          "#0"
        ],
        "description": [
          "Uses reference spot data from on-chain transactions to generate ",
          "(bid, ask) prices and quotes entire assets at these prices.",
          "This is a front-test algorithm. DO NOT USE for casual trading. C",
          "asual trading should include information delay risk adjustment a",
          "nd limit the total volume traded per time unit.",
          "This version furthers adjusts reference price by specified perce",
          "ntage."
        ]
      },
      "init": {
        "state": {},
        "balance": {
          "ADA": 0,
          "SNEK": 222125
        }
      },
      "name": "Asymmetrical Percentage Market Maker <ADA, SNEK>",
      "image": "ipfs://QmbMboC8erCsYwc6YeR6ZkirSqTE4yYaVF4hTazV5JF5Jq",
      "strat": {
        "link": "https://app.axo.trade/strategies/view/MM_yTNMI2",
        "name": "Asymmetrical Percentage Market Maker",
        "description": [
          "We can also create a strategy with a different distance from the",
          " bid and ask for different tokens. We do it via offsets. Offset ",
          "means how many percetage points more it's going to be from the c",
          "urrent ask. For instance, if we provide 1% AskAdjustment the ask",
          " price is going to be 1% higher. If we provide 5% BidAdjustment ",
          "the price is going to be 5% lower. This has a nice effect of ske",
          "wing the balance of the portfolio. For instance, if we do 1% for",
          " ask and 5% for bid as explained above our portfolio is going to",
          " shift more into ADA and less into SNEK when market making. To r",
          "everse that we adjust the offset the other direction. It is impo",
          "rtant to not set offsets to negative value to avoid crossing the",
          " order book. Now let's look into the order book to see how it's ",
          "going to change compared to the current one after we create the ",
          "strategy. Let's note that the offset means that the ask price fo",
          "r SNEK is going to be 1% higher than for the strategy we created",
          " first."
        ]
      },
      "assets": [
        "",
        "279c909f348e533da5808898f87f9a14bb2c3dfbbacccd631d927a3f534e454b"
      ],
      "params": {
        "askAdjustment": {
          "numerator": 1,
          "denominator": 100
        },
        "bidAdjustment": {
          "numerator": 1,
          "denominator": 20
        }
      },
      "website": "https://axo.trade",
      "mediaType": "image/png"
    }
  }
}