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We will quite likely want to do our own in-house market making, in order to improve liquidity. As part of this, it might be helpful to be able to place collection-wide bids on Open Sea, in order to acquire inventory that we then sell through Reservoir (e.g. if someone has bid 4 eth on Reservoir, we try bidding 3.5 eth on open sea, and then filling the reservoir order).
To execute this, we need a very simple system that keeps track of the offers we want to place on various collections. It then runs in a loop, placing bids on one token at a time, and refreshing as bids expire. It's quite possible we could build this entirely on top of Open Zeppelin Defender.
The text was updated successfully, but these errors were encountered:
We will quite likely want to do our own in-house market making, in order to improve liquidity. As part of this, it might be helpful to be able to place collection-wide bids on Open Sea, in order to acquire inventory that we then sell through Reservoir (e.g. if someone has bid 4 eth on Reservoir, we try bidding 3.5 eth on open sea, and then filling the reservoir order).
To execute this, we need a very simple system that keeps track of the offers we want to place on various collections. It then runs in a loop, placing bids on one token at a time, and refreshing as bids expire. It's quite possible we could build this entirely on top of Open Zeppelin Defender.
The text was updated successfully, but these errors were encountered: