Skip to content

Commit

Permalink
feat: update 0080-SPOT
Browse files Browse the repository at this point in the history
  • Loading branch information
cdummett committed Mar 22, 2024
1 parent a5a4545 commit 4def1a9
Showing 1 changed file with 0 additions and 3 deletions.
3 changes: 0 additions & 3 deletions protocol/0080-SPOT-product_builtin_spot.md
Original file line number Diff line number Diff line change
Expand Up @@ -76,9 +76,6 @@ See spec [0041-TSTK](./0041-TSTK-target_stake.md).

The market liquidity fee is calculated using the same mechanism defined in [0042-LIQF](./0042-LIQF-setting_fees_and_rewarding_lps.md).

The liquidity fee is re-calculated at the start of a fee distribution epoch and is fixed for that epoch.
Note: 1. this may later be applied universally to all products. 2. this "fee distribution epoch" is unrelated to blockchain staking and delegation epochs.

## 7. Trading

Both buy and sell orders on a `Spot` market define a size (amount of the `base_asset`) to buy or sell at a given price (amount of the `quote_asset`). An orders "value for fee purposes" is always expressed in the `quote_asset`.
Expand Down

0 comments on commit 4def1a9

Please sign in to comment.