Aver has just Launched its Public Beta on Solana

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lotora
Posts: 629
Joined: Thu Dec 24, 2009 9:20 am
Location: Surin City, Thailand

-The public launch follows the project's $7.5m seed round earlier this year and a closed-beta period in June.

https://www.benzinga.com/content/279356 ... blockchain
jamesg46
Posts: 3769
Joined: Sat Jul 30, 2016 1:05 pm

“A spokesperson for Aver explained: "Until now, crypto betting and prediction platforms have fallen into one of two categories - a centralized platform which accepts cryptocurrency as a form of funding; or an expensive and inefficient ‘Automated Market Maker' (AMM) approach which bleeds liquidity providers and leads to uncompetitive or unsustainable pricing."

Under the Automated Market Maker approach, liquidity providers are passive and either: (a) are exposed to informed flow of traders or sudden jumps in price to their detriment; or (b) require such high margins to address this as to make the prices wildly uncompetitive.”

Following on from that comment they go on to claim that they have solved this issue… so are they suggesting that there is no value in using Aver unless you want to market make the spread of an efficient price or am I misunderstanding?
Anbell
Posts: 2004
Joined: Fri Apr 05, 2019 2:31 am

jamesg46 wrote:
Sat Jul 02, 2022 9:58 am
“A spokesperson for Aver explained: "Until now, crypto betting and prediction platforms have fallen into one of two categories - a centralized platform which accepts cryptocurrency as a form of funding; or an expensive and inefficient ‘Automated Market Maker' (AMM) approach which bleeds liquidity providers and leads to uncompetitive or unsustainable pricing."

Under the Automated Market Maker approach, liquidity providers are passive and either: (a) are exposed to informed flow of traders or sudden jumps in price to their detriment; or (b) require such high margins to address this as to make the prices wildly uncompetitive.”

Following on from that comment they go on to claim that they have solved this issue… so are they suggesting that there is no value in using Aver unless you want to market make the spread of an efficient price or am I misunderstanding?
If market makers can operate cheaply/efficiently then you could argue/presume/hope that the markets will be deep, margins will be thin, and liquidity high *for everyone* (not just mktmkrs)

(I'm skeptical about all of these platforms, but that's the argument)
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