ROOK hiding game implementation

cryptamurai

As extracted from Messiah's twitter:

"Ok one more $rook post ... Imagine a better matcha or 1inch where you're paid to trade, have access to free limit orders and super cheap market orders, and are immune to bot sandwiches / front running? That's @Keeper_DAO App launches in less than 48h"

Octo value proposal is being one of the lead aggregators in the space, that would bring A LOT of volume to all trading options to the dapp, IF we decided to use rooks implementation we could have a boost against Matcha/1inch etc..

Here's the medium for everyone to understand it better:

/var/folders/07/r_3n6kbn1sqdd3l2x5k2tf4w0000gn/T/ru.keepcoder.Telegram/IMAGE 2021-02-02 22:27:55.jpg
Also ill share u some key insights about it:

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This rook implementation goes live in aprox 48 hours.

tosquito92

Awesome medium article.
Definitely think we should integrate with the keeper dao back end if possible.

Basically echoing Messiah's post which was fantastic. Incentivizing users to utilize limit orders and at the same time offering a no gas solution seems like a no brainer. Especially given the current landscape with elevated tx fees basically pricing out many users and sending them to cex's.

Curious to hear the teams views on the Hiding Game!

Awesome link to a tweet thread by Messiah.
https://twitter.com/CryptoMessiah/status/1356827020764741632?s=20

DelinquentMind

this sounds fascinating and really interesting, I wasn't up to date with these developments

tosquito92

DelinquentMind

Yeah they also have support from some of the biggest players in the defi space in terms of volume, 3 Arrows Capital and Polychain. One could speculate it aint to make a quick buck and more for utility especially since they are huge participants in the lending/borrowing space.

GGCrypto

Seems like a perfect companion to the Octo ecosystem

tosquito92

After participating in the hiding game the last few days. I have managed to have some of my tx's process for free when using limit orders after factoring in the distribution of rewards.

While cool and interesting, some tokens are not available yet, you must utilize the keeperdao app and it takes some game theoretical awareness.