Guide to Market Makers for Devs

Github: https://github.com/makerdao/developerguides/tree/master/market-makers

Market Makers

This document contains the necessary resources for partners to implement Keepers for Market Making.

Prerequisites

This document assumes familiarity with Ethereum, and in-depth knowledge of the Maker platform.

Exchange Markets

An updated list of exchange markets where Dai is traded can be found here.

Market Maker Keeper repos

Market Maker Keeper

This repository contains a set of Keepers that have been implemented to facilitate market making on a specific set of decentralized exchanges. While implemented specifically to work on specific exchanges, all Keepers in the repo share logic and operate similarly, as they all rely on creating a series of orders in preconfigured "bands".

Market Maker Stats

Market Maker Stats provides a set of tools for visualizing market making data for a set of decentralized exchanges. These tools include:

• Trade chart tools for showing historical market prices and recent Keeper trades.
• Profitability calculation tools for calculating profitability of ETH/DAI or BTC/DAI keepers.
• Trade history dumping tools for exporting lists of recent trades.

Pymaker

Pymaker is a Python API which provides endpoints to interact with the Maker smart contracts. It exposes most of the functionality of the Maker platform, but most importantly for this guide it can be used to create Keepers. This library can be used to create custom market making Keepers.

Additional source code and developer docs

More resources on Keepers

• https://github.com/makerdao/developerguides/tree/master/keepers

Running a Keeper node

• https://github.com/makerdao/keeper-node

Multi Collateral Dai

• Docs: https://github.com/makerdao/dss/blob/master/DEVELOPING.md
• Wiki: https://github.com/makerdao/dss/wiki
• Source: https://github.com/makerdao/dss

Current Dai credit system implementation

• Docs: https://developer.makerdao.com/dai/1/api/
• Docs: https://github.com/makerdao/sai/blob/master/DEVELOPING.md
• Source: https://github.com/makerdao/sai

DSToken (token standard for Maker tokens)

• Docs: https://dapp.tools/dappsys/ds-token.html
• Source: https://github.com/dapphub/ds-token

Maker platform in general

• Whitepaper

Need help?

Contact [email protected] or #dev channel on chat.makerdao.com

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• Kauri original title: Guide to Market Makers for Devs
• Kauri original link: https://kauri.io/guide-to-market-makers-for-devs/352051ae2cdc4cb9b1f6b87b651df505/a
• Kauri original author: David Utrobin (@davidutro)
• Kauri original Publication date: 2019-02-06
• Kauri original tags: EthDenver
• Kauri original hash: QmYcy1mrYtnHnHgSTPmkDWJPAKunMy8j76MS5DmbKiBLCt
• Kauri original checkpoint: QmSRv329t5c2hpHHf1Yz4XZomqgeBc8LVh9KNJC9z4PVDS