create account

DSwap update: 50% gains in a month of market making. What are you waiting for? by aggroed

View this thread on: hive.blogpeakd.comecency.com
· @aggroed ·
$24.02
DSwap update: 50% gains in a month of market making. What are you waiting for?
![image.png](https://files.peakd.com/file/peakd-hive/aggroed/cdqXLvQF-image.png)

I'm stealing @cryptomancer's thunder a little and hopefully he'll forgive me, but he gave me a small update on today's call and I just can't wait.

He's been running the trading bot for almost exactly a month.  And the damn thing is up 50% from where it started.  He has a post coming out with more information, but that's huge.  What's the compound math on being up 50% in a month over a year???  It's absurd. 

Now past performance doesn't guarantee future gains, and the trading strategies deployed may not play out perfectly for everyone, but if you've got a hefty set of whaleballs and are wondering how to put your capital to work consider using dswap.

Currently there are 15 people running market makers in a total of 18 markets.  Over the next few weeks we plan to add another trading strategy and put some tools in place to shut down trading automatically under certain user set conditions to prevent loss of funds in unfriendly trading environments (as determined by you).

[dswap](https://dswap.trade]

# HIVEP/SWAP.HIVE outage
Yesterday there was a brief outage in the automated service of swapping hive for smart contract hive.  One of the key problems was a bug in Beem, which Holger has fixed.  The second was in a weird case of an RPC not returning information.  Anyone who had a delayed withdrawal should have had their withdrawal processed by now.  If not please drop a support ticket.

Please note, we have servers that have different tasks, the Engine nodes, account history nodes, the deposit/withdrawal nodes, and daemons for other blockchains.  Only the servers doing the deposit/withdrawal were effected.  The Engine nodes and account history nodes are working great.  With Beem now fixed we're back functioning again and believe that we're fully ready for HF24.  Assuming the chain doesn't halt we should be good to go.

# Engine powers a ton of this ecosystem!

In case you missed it, dozens of tribes, multiple games, and a handful of websites are now all powered by the Engine ecosystem.  If you're not regularly using Engine you may be missing out on great trading opportunities and missing a lot of what the Hive ecosystem has to offer.

Please check out nftshowroom.com for an art trading platform.
Please check out lensy.io for a photography trading platform.

Soon we'll have a NSFW site up and running.  We're also working on decentralized gambling (but not if you're domiciled in the US).

I'm also working on a system where you can launch your own collectibles in packs.  There's a lot going on here.  

If you'd like to support the ecosystem consider picking up some BEE, WORKERBEE, Tribe tokens, Tribe miners, starting a tribe, engaging those sites, and sharing it all on social media.
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 392 others
πŸ‘Ž  
properties (23)
authoraggroed
permlinkdswap-update-50-gains-in-a-month-of-market-making-what-are-you-waiting-for
categorydswap
json_metadata"{"app":"peakd/2020.08.3","format":"markdown","description":"Dswap market making hits 50% gains in a single month!!!","tags":["dswap","hive-engine","palnet","nftshowroom","lensy"],"users":["cryptomancer"],"links":["/@cryptomancer","https://dswap.trade"],"image":["https://files.peakd.com/file/peakd-hive/aggroed/cdqXLvQF-image.png"]}"
created2020-09-07 16:47:27
last_update2020-09-07 16:47:27
depth0
children15
last_payout2020-09-14 16:47:27
cashout_time1969-12-31 23:59:59
total_payout_value13.882 HBD
curator_payout_value10.135 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length2,806
author_reputation1,258,335,829,240,616
root_title"DSwap update: 50% gains in a month of market making. What are you waiting for?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id99,503,184
net_rshares79,444,707,649,366
author_curate_reward""
vote details (457)
@ash ·
> We're also working on decentralized gambling (but not if you're domiciled in the US).

not-really-decentralized gambling?
properties (22)
authorash
permlinkre-aggroed-qgdpg1
categorydswap
json_metadata{"tags":["dswap"],"app":"peakd/2020.08.3"}
created2020-09-09 06:45:39
last_update2020-09-09 06:45:39
depth1
children0
last_payout2020-09-16 06:45:39
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length123
author_reputation286,803,743,324,398
root_title"DSwap update: 50% gains in a month of market making. What are you waiting for?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id99,530,304
net_rshares0
@chronocrypto · (edited)
Always adding value to Hive thanks, mate.!
properties (22)
authorchronocrypto
permlinkre-aggroed-qgaurd
categorydswap
json_metadata{"tags":["dswap"],"app":"peakd/2020.08.3"}
created2020-09-07 17:47:39
last_update2020-09-07 17:50:51
depth1
children0
last_payout2020-09-14 17:47:39
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length42
author_reputation380,580,964,260,274
root_title"DSwap update: 50% gains in a month of market making. What are you waiting for?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id99,504,108
net_rshares0
@cmplxty · (edited)
I never used the swap ability until fairly recently and it’s been great. I would love to learn more about the ability to set up automatic trades! Really blows that the exchanges available to people in the US don’t have the ability to automate trades via buy and sell prices, at least to my knowledge. If this works out well I’ll be using it quite often!

Swap bitcoin has been a solid investment for me, hoping to add more to that!
properties (22)
authorcmplxty
permlinkre-aggroed-202097t13747863z
categorydswap
json_metadata{"tags":[],"app":"ecency/3.0.3-mobile","format":"markdown+html"}
created2020-09-07 17:07:48
last_update2020-09-07 17:08:21
depth1
children0
last_payout2020-09-14 17:07:48
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length431
author_reputation558,621,913,952,919
root_title"DSwap update: 50% gains in a month of market making. What are you waiting for?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id99,503,476
net_rshares0
@cryptographic ·
$0.44
I think you should be more straightforward and direct with your risk warning. You should be telling people only to invest what they can afford to lose, and that this is very high risk. There will be draw downs and blow-ups for sure. Market making is high risk, and there is no holy grail. If there were, you can bet that Wall Street would have already found it.
πŸ‘  , ,
properties (23)
authorcryptographic
permlinkqgb4wx
categorydswap
json_metadata{"app":"hiveblog/0.1"}
created2020-09-07 21:26:57
last_update2020-09-07 21:26:57
depth1
children0
last_payout2020-09-14 21:26:57
cashout_time1969-12-31 23:59:59
total_payout_value0.218 HBD
curator_payout_value0.218 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length361
author_reputation111,198,190,831,086
root_title"DSwap update: 50% gains in a month of market making. What are you waiting for?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id99,507,475
net_rshares2,006,265,049,991
author_curate_reward""
vote details (3)
@cryptomancer ·
Haha, you can't steal my thunder because it's your thunder too! In fact, it's *everyone's* thunder!  For too long, market maker bots on Hive & Steem have been the specialized domain of those few with the highly technical skills needed to code & run them. But now we're bringing bots to the masses! Anyone can use DSwap to have their own market maker up and placing orders in just a few minutes, by filling out a few fields on a setup form.

Now, I make that sound easy, and it is, but making sure it stays profitable is a bit more challenging as others have pointed out in their comments. You have to monitor performance and fiddle with the settings to optimize behavior for current market conditions. You have to know when to turn off the bot to protect yourself in periods of rapid price movement, and when to crank it up to place orders more aggressively. So it's not just a passive set-it-and-forget-it kind of investment. Active management is required; it's one part science, and one part art. Performance and returns will vary considerably.

But clearly there is a great deal of potential here. You can't argue with my 50% return after a month of using the market maker. That's a simple fact. Of course past performance is not a reliable indicator of future gains, but I'm nonetheless feeling pretty encouraged by these promising early results.

I'll have a post coming out later describing my early experience with the market maker in more detail, and sharing some tips for how you can get the most out of it.
πŸ‘Ž  
properties (23)
authorcryptomancer
permlinkre-aggroed-qgbdh0
categorydswap
json_metadata{"tags":["dswap"],"app":"peakd/2020.08.3"}
created2020-09-08 00:31:57
last_update2020-09-08 00:31:57
depth1
children0
last_payout2020-09-15 00:31:57
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length1,516
author_reputation27,165,035,020,818
root_title"DSwap update: 50% gains in a month of market making. What are you waiting for?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id99,509,809
net_rshares0
author_curate_reward""
vote details (1)
@dalz ·
Well thanks for creating engine and everything that is build on it!
Cant imagen this place without all the engine related projects.
properties (22)
authordalz
permlinkqgat0g
categorydswap
json_metadata{"app":"hiveblog/0.1"}
created2020-09-07 17:09:54
last_update2020-09-07 17:09:54
depth1
children0
last_payout2020-09-14 17:09:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length131
author_reputation1,283,494,465,415,601
root_title"DSwap update: 50% gains in a month of market making. What are you waiting for?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id99,503,507
net_rshares0
@rafalski ·
$0.81
Sorry but the title and post statement is totally wrong. I have a market maker bot on dec/swap.hive for almost a half year and my profits went down significantly after the market maker by hive engine/dswap team was released.

You mislead people with 50% gains from it because it is impossible with market maker on such shalow market like hive engine is. The more bots the lower income, and I can say it from my perspective as active market maker for months. The more market makers are started by people the least profit will it bring for single person. Sad but true on small markets.

You didnt also say from which market cryptomancer had the 50% gain, but it is important to know that price changes affect higly the income. It is high risk when market making pairs that can go only one way. Dec is pretty good token for mm because of almost sinusoidal price change (always 0.2-0.8, always chance for rebound).
πŸ‘  , , , , , , , , , ,
properties (23)
authorrafalski
permlinkre-aggroed-qgatl6
categorydswap
json_metadata{"tags":["dswap"],"app":"peakd/2020.08.3"}
created2020-09-07 17:22:27
last_update2020-09-07 17:22:27
depth1
children5
last_payout2020-09-14 17:22:27
cashout_time1969-12-31 23:59:59
total_payout_value0.406 HBD
curator_payout_value0.406 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length910
author_reputation37,031,676,020,250
root_title"DSwap update: 50% gains in a month of market making. What are you waiting for?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id99,503,716
net_rshares3,424,950,420,587
author_curate_reward""
vote details (11)
@aggroed ·
I mean, he's got a 50% increase.  That's not misleading.  This bot can be extremely successful.  I'm not sure of the logic of your bot or strategy so I can't share anything about that.

I'm trying not to steal all of his thunder as he's running on multiple markets and he's planning to post what's happened.  it's a single data point, but a damn good one.

Can match that up with Neal's post earlier of a 37% annualized return.  Obviously not everyone is getting the same results, but I think as people get a better grip on how to use these effetively that there's a crap ton of potential in them.

When teh market taking side is implemented onto hive-engine and some of the sites that use it so taht you can spend whatever token you want and it gets converted into swap.hive for the purpose of the backend of the site then I think things really start ramping up.  Should be fun to watch.
properties (22)
authoraggroed
permlinkre-rafalski-qgatsf
categorydswap
json_metadata{"tags":["dswap"],"app":"peakd/2020.08.3"}
created2020-09-07 17:26:39
last_update2020-09-07 17:26:39
depth2
children1
last_payout2020-09-14 17:26:39
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length888
author_reputation1,258,335,829,240,616
root_title"DSwap update: 50% gains in a month of market making. What are you waiting for?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id99,503,780
net_rshares0
@rafalski ·
$0.77
So you mean gain from previous results, but this doesnt say much and is very misleading.

`there's a crap ton of potential in them`

There is 0 potential in them because hive engine market is too small, there is only place for few makers. Even when I was competing against only 1 other bot I needed to change strategies and polish the algorithm. And even that I was using biggest pair dec wasnt enough.

In the end it doesnt matter what strategy I have or other bots have. It comes down to spread, and prices fluctuations and depth of the market which is really really small. Actually market making can end tragicly for people who dont know what they do.

Even in the deep markets like uniswap people lose money when providing liquidity because they dont understand the math and what imparment loss is.

If we want to make deeper market on HE simply by using more and more market makers it will end very badly because in the end always somebody must lose. 

However this could be fun for bots war :) I can change my code very fast and try to outplay market makers by dswap :) Can dswap do it too?
πŸ‘  
properties (23)
authorrafalski
permlinkre-aggroed-qgaunp
categorydswap
json_metadata{"tags":["dswap"],"app":"peakd/2020.08.3"}
created2020-09-07 17:45:30
last_update2020-09-07 17:45:30
depth3
children0
last_payout2020-09-14 17:45:30
cashout_time1969-12-31 23:59:59
total_payout_value0.386 HBD
curator_payout_value0.386 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length1,096
author_reputation37,031,676,020,250
root_title"DSwap update: 50% gains in a month of market making. What are you waiting for?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id99,504,069
net_rshares3,276,554,867,491
author_curate_reward""
vote details (1)
@cryptographic ·
!ENGAGE 50
properties (22)
authorcryptographic
permlinkqgb56q
categorydswap
json_metadata{"app":"hiveblog/0.1"}
created2020-09-07 21:32:51
last_update2020-09-07 21:32:51
depth2
children0
last_payout2020-09-14 21:32:51
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length10
author_reputation111,198,190,831,086
root_title"DSwap update: 50% gains in a month of market making. What are you waiting for?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id99,507,566
net_rshares0
@misterengagement ·
<center>  Thank you for your engagement on this post, you have recieved <code>ENGAGE</code> tokens.</center>
properties (22)
authormisterengagement
permlinkre-re-aggroed-qgatl6-20200907t213302z
categorydswap
json_metadata"{"app": "beem/0.24.4"}"
created2020-09-07 21:33:03
last_update2020-09-07 21:33:03
depth2
children0
last_payout2020-09-14 21:33:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length108
author_reputation4,086,989,259,756
root_title"DSwap update: 50% gains in a month of market making. What are you waiting for?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id99,507,572
net_rshares0
@rondras ·
If I had time and if it would be worth the effort I am 100% sure that I could earn at the cost of the market marker bots. Your strategy is not open, so that is much more difficult to beat. Their strategy, however, is completely transparent, so I know what they are going to do next - this cannot work unless the profits to be made from this are too small to invest the time that is needed.
properties (22)
authorrondras
permlinkqgcel0
categorydswap
json_metadata{"app":"hiveblog/0.1"}
created2020-09-08 13:53:24
last_update2020-09-08 13:53:24
depth2
children0
last_payout2020-09-15 13:53:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length389
author_reputation18,390,194,709,037
root_title"DSwap update: 50% gains in a month of market making. What are you waiting for?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id99,518,380
net_rshares0
@urun ·
@aggroed how much work would it be to get Smart contracts to the Hive native Blockchain? Do you feel that can be done?

I think that would bring Hive to the next level and Hive Engine is the nitro to power it up :)
properties (22)
authorurun
permlinkre-aggroed-qgatct
categorydswap
json_metadata{"tags":["dswap"],"app":"peakd/2020.08.3"}
created2020-09-07 17:17:18
last_update2020-09-07 17:17:18
depth1
children2
last_payout2020-09-14 17:17:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length214
author_reputation93,309,388,768,828
root_title"DSwap update: 50% gains in a month of market making. What are you waiting for?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id99,503,629
net_rshares0
@aggroed ·
Well, generally speaking I think completely open smart contracts on any platform is a dumb plan.  Human ingenuity>>>Server.  After enough time passes I don't think any server will be able to handle them all.  With Hive-Engine we're hoping to allow something like ~12 different smart contracts to build off of, and then people are really on their own to build smart contracts of their own through another layer.
πŸ‘  
properties (23)
authoraggroed
permlinkre-urun-qgathr
categorydswap
json_metadata{"tags":["dswap"],"app":"peakd/2020.08.3"}
created2020-09-07 17:20:15
last_update2020-09-07 17:20:15
depth2
children1
last_payout2020-09-14 17:20:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length410
author_reputation1,258,335,829,240,616
root_title"DSwap update: 50% gains in a month of market making. What are you waiting for?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id99,503,687
net_rshares904,094,659
author_curate_reward""
vote details (1)
@urun ·
OK thanks, so Smart Contracts like on ETH are not good for Hive, maybe with some premade Smart contracts? Would it work out? As far i know Hive is more scalable as Eth?

in general i think Hive Engine is awesome. But i think the real power comes after Smts on Hive. Tokens on first layer and smart contracts via Hive Engine on secend would be also really cool and better to promote, because its more easy to understand :).
properties (22)
authorurun
permlinkre-aggroed-qgatun
categorydswap
json_metadata{"tags":["dswap"],"app":"peakd/2020.08.3"}
created2020-09-07 17:28:03
last_update2020-09-07 17:28:03
depth3
children0
last_payout2020-09-14 17:28:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length423
author_reputation93,309,388,768,828
root_title"DSwap update: 50% gains in a month of market making. What are you waiting for?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id99,503,797
net_rshares0