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Moving decimal place to 15+ to preserve market efficiency #258

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ghost opened this issue Dec 11, 2021 · 0 comments
Open

Moving decimal place to 15+ to preserve market efficiency #258

ghost opened this issue Dec 11, 2021 · 0 comments

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@ghost
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ghost commented Dec 11, 2021

Bittrex ended up delisting a handful of pairings this week. They all have low satoshi values (1-10). I imagine the markets became inefficient due to the giant spread. If current price trends continue, aeon will be in the same territory in the next couple years. Given that aeon depends entirely on BTC market pairs, we should consider setting CRYPTONOTE_DISPLAY_DECIMAL_POINT at >=15 in order to preserve the liquidity. Depending on future price movements this could be reversed or increased up to a limit.

https://bittrex.zendesk.com/hc/en-us/articles/4412251116187-Pending-market-removals-12-24-2021

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