MarketMaker Apply / Incentive Claim

Market Maker Eligibility

• Any Crescent address can apply as a market maker for selected market pairs. A governance process decides inclusion, rejection and exclusion of registered market makers.

• New applicants are requested to submit ApplyMarketMaker message to be included in the uptime evaluation. Those who meet the uptime requirement can be included in eligible market makers through governance.

• Market makers who fail to meet the requirements would excluded

Applying Market Maker

• Deposit designated deposit amount multiplied by number of pairs.

• Submit ApplyMarketMaker message to be included in the uptime evaluation.

• Those who meet the uptime requirement can be included in eligible market maker through governance. Uptime requirement is described in 'MarketMaker Scoring' page.

• Governance proposal submit to decide inclusion, rejection, and exclusion of market makers.

• Deposit will be refunded after inclusion or rejection.

Incentives Claim

• Only eligible market makers receive CRE incentives. Applicants who will get eligibility next month cannot claim incentive.

• Market makers who support multiple pairs receive a combined amount of incentives at a time.

• Incentives are claimable after the governance is passed.