Transaction Details

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

{
  "d940aa03ca192a2f5c4a74250883c98784ddb7a359f131cab3ceab08": {
    "MM_g611qm": {
      "algo": {
        "link": [
          "https://app.axo.trade/composer/f6c69d0d-cca6-479e-9a0b-060a58784",
          "869"
        ],
        "name": "Spread Market Maker",
        "utxo": [
          "bbbb327b53f9fc5d4e0820b0570f88ec123394078fefd8bcafa890cbb1f6cdff",
          "#0"
        ],
        "description": [
          "The \"Spread Market Maker\" algorithm is designed for traders to p",
          "rofit from the bid-ask spread by automatically setting buy and s",
          "ell orders at a constant distance from the current market price.",
          " This distance, set either in percentage or absolute value, dete",
          "rmines how much lower than the current market price the buy orde",
          "rs are placed and how much higher the sell orders are set. For i",
          "nstance, 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 mov",
          "ements within a predefined range, aiming for profit from buying ",
          "low and selling high, making it ideal for markets with stable pr",
          "ices or predictable volatility. It offers a systematic, lower-ef",
          "fort approach to market making, allowing traders to benefit from",
          " price differences without the need to manually adjust orders fr",
          "equently."
        ]
      },
      "init": {
        "state": {},
        "balance": {
          "ADA": 200000000,
          "SNEK": 76169
        }
      },
      "name": "ADA / SNEK <ADA, SNEK>",
      "image": "ipfs://QmSc5wg9CanBvucDmjDwMC3TvtCLvALixwzYNGZTMFsDTk",
      "strat": {
        "link": "https://app.axo.trade/strategies/view/MM_g611qm",
        "name": "ADA / SNEK",
        "description": "2% mkt making"
      },
      "assets": [
        "",
        "279c909f348e533da5808898f87f9a14bb2c3dfbbacccd631d927a3f534e454b"
      ],
      "params": {
        "endDate": "2100-01-31T23:59:59.000Z",
        "distance": {
          "numerator": 1,
          "denominator": 50
        },
        "startDate": "1990-01-31T23:59:59.000Z"
      },
      "website": "https://axo.trade",
      "mediaType": "image/png"
    }
  }
}