SIP#25 - Stargate MM (Revised Proposal)

显示更多 Background Stargate’s token, STG, is traded both on decentralized exchanges (DEXs) and centralized exchanges (CEXs). STG is listed on centralized exchanges such as Coinbase, Binance, Kraken, Huobi and Kucoin among others.

Proposal Market makers provide a key service within centralized exchanges, by offering deep liquidity on both sides of a market (on both the bid and ask side). This results in deep liquidity being available on both sides of the book allowing market participants to interact with the token freely (buy and sell amounts without moving the price dramatically).