A tool for creating orders on the XRP Ledger DEX
This was created as part of the Ripple Innovate hackathon.
To be clear, my vision of this is not to be a general trading bot. At least not for this hackathon, but to be a tool for easily adding liquidity on the testnet DEX for a specified currency pair. I'm thinking the 'phases' as such of evolution will go something like:
- script to run manually, as a one-off, given the key to an account and a currency pair places offers on the book for that pair
- ability to configure/plug in different strategies to above e.g. 'place 5 bids/asks at 20 basis points above and below the mid price'
- UI for the above script
- Enable script to run continuously as a market maker, cancelling existing orders and placing new ones
- More logic for the above to allow additional strategies
- ...
- profit?!