STEEM-SBD Market Making Bot Report date 2024.03.17 by @roadofrich

in #news • 2 months ago

Introduction to STEEM-SBD Market Making Bot

The STEEM-SBD MM bot is an innovative market making bot service tailored specifically for Steemit users.

Steemit, a popular blockchain-based social media platform, hosts its own internal market for trading Steem Backed Dollars (SBD). However, SBD can only be traded on Korea's Upbit exchange besides the Steemit internal market. Unfortunately, Upbit is accessible only to Korean users, leaving a significant portion of Steemit users unable to access it.

Consequently, the price of SBD in Steemit's internal market often trades at a considerable discount compared to Upbit's market price. This discrepancy results in Steemit users consistently incurring losses when swapping SBD for STEEM.

To address this issue, the Witness @roadofrich (Blokfield) team has developed a sophisticated MM bot that bridges the gap between Upbit and Steemit internal markets. By utilizing this bot, users can exchange SBD for STEEM at a more favorable price, mitigating their losses.

Daily Steem Backed Dollar (SBD) Transfer Volume

The daily transfer volume of SBD serves as a crucial indicator for the MM bot's performance. Here's a snapshot of recent transfer data:

DateTransfer AmountTransaction ID
3/17/2024502f1473a87db83c44fbc4572ce53a615cfea411e5
3/17/202450cffd02973734e17a1b913acbc1d5baf3f67eec9d
3/17/2024501bf9294adfbc75d59fbfb1cbcacc1f03ea32eb72
3/17/202450f90901d980355f54b93193e321329a52a3da7f08
3/17/20245069c1972ce9716f02915a894fbd7ce95a35bf4329
3/17/202450481261fc720c7f4e47125c00f59f1816f7487943
3/17/202450efd178a8fc03c64e91965fd80503c425e991f41b
3/17/202450d26d54713aef8d30f8c8a5ca7a9797d8d9365f10
3/17/20245008e6c986f2270b893ebf78941756755c4fe4bf07
3/16/20245032ee47b6b0f24ba1d47649f86d4aa1f7e9d3afaa
3/16/202450c2ef1948a4e1a04ce27f9e735232ef2b932a8156
3/16/202450537dc00653d277041ed87af7b170ad028e6b886f
3/16/202450adbcdf7ef08eb32d6436b07e24ee6322d5f9cbbe
3/16/2024504ab967fce0f5bd03c99a99ddfa3fbe2dff39eae6
3/16/202450864e640ddd110ecc31204ce0dd589ed247526bda
3/16/2024504ffc2a14ffc73d8921df89977b21cd890a018001
3/16/20245021e11d4707b86ef00c08b8456d474fbd1de3e382
3/16/2024508f4a77943db4adce3deaf87e98c6b639b7bda62d
3/16/2024503d79995d3a97ecda3b4e1b7ef36680a5989a2c0e
3/16/2024508a4ef0d3b7fd1f0cd8cabd41a0a97b7e246d71f1
3/16/2024507a2edab6436fec5644c10bc2d832fd4118d93b77
3/16/202450f10060ef9a9835a032a4c88c5aab3806b1bb89ee
3/16/202450d1ab227cbea2dc833398871823d21caf638d49e3
3/16/2024501014f9792c299c9f032b4670ac0a187c57aab556
3/16/202450411e41a3192718e3b566781766c18452c89f882e
3/16/202450e15c44bf873b50cc4a1e508828ae8e65e2495920
3/16/202450696f406700b9ad597420b29edcc7a3c7eae7e6be
3/16/2024500d9503f5c2cddeac6775d05ae602b70240207388
3/16/202450ba36c9e76d5140741ec7fb487af383937b6853ae
3/16/202450e98a352e833c4279442514e95d6906e58ce0853b
3/16/202450b7c85d1e1a7185fb7ff59a89dd02644cd467f3d2
3/16/202450867c6415d21d370e54ab704de66b3b010c541195
3/16/202450f4578c539b81126e8b37a21913ad23bcfb709e3f
3/16/2024504741a1c15d4de4a843477ca83a0b74eb7c75e38d
3/16/20245034477337232ea4d4e020676d10a874d4be693f93
3/16/202450e76da1f3c024b6fe8e52783cfc11ee57d06524d9
3/16/20245046e56682e9708b22aaefc72b40341115198ff370
3/16/2024502187f4e17351679d210e0a8489431712379d39f9
3/16/202450818a8f74f03eff763633945f6d36ef5278e58037
3/16/20245042849e45b273c5a515e3ed7c197b9db34fed5222
3/16/2024507a4dcd29aa11826025b458fad2056266e57807f6
3/16/2024505918eacded79a60e2a29aa8ea6cf89552562b716
3/16/202450983be2a7e2450c71f74917aa0c5014d5070b2cb2
3/16/202450374be5832015ca4d1ff271954eb51aa32336967f

The total daily transfer amount currently stands at 2200 SBD,

Currently in the testing phase, the MM bot is poised for an official launch in the near future. Stay tuned for further updates on the bot's performance and development progress.

Current Market Prices

The following table displays the current market prices of various cryptocurrencies:

SymbolPrice
STEEM - USDT0.2920000 $
BTC - USDT65605.900 $
ETH - USDT3475.7600 $
BNB - USDT560.50000 $

Stay connected for more exciting developments in the world of Steemit and market making technology! 🚀

#roadofrich
2 months ago in #news by
$36.00
  • Past Payouts $36.00, 0.00 TRX
  • - Author $18.34, 0.00 TRX
  • - Curators $17.65, 0.00 TRX
80 votes
Reply 4
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    • [-]
     2 months ago 

    Congratulations, your post has been upvoted by @nixiee with a 100 % upvote Vote may not be displayed on Steemit due to the current Steemit API issue, but there is a normal upvote record in the blockchain data, so don't worry.

    $0.00
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      [-]
       2 months ago 

      @robinia
      댓글을 남겼는데 말이 없으셔서 여기에도 글을 남깁니다.
      @nixiee 보팅이 어떤 분에게는 글 올리면 바로 보팅이 되고,
      어떤 분에게는 글 올리고 한참 후에 보팅이 되는 부분은 안 고쳐지는건가요?!

      $0.00
        Reply
        [-]
         2 months ago 

        안녕하세요 @blackeyedm 님
        Nixiee upvote는 최근 보상 보팅으로 2회 정도씩 보팅된 것으로 확인되고 있습니다.
        추가 보팅이 더 많이 들어간 상황으로 확인되고 있는데요. 최근 6일간 약 10회 정도 보팅 받은것으로 확인 됩니다.
        포스팅시 보팅 기준은 보팅봇 마다 기준 시간대가 달라서 그럴 수 있습니다.
        Nixiee의 경우 한국시간기준 오전 6시 초기화 됩니다
        감사합니다.

        $0.00
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          [-]
           2 months ago 

          네에~ 답변 감사합니다.

          $0.00
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