After the end of Season 6, we saw a significant decrease in trading volume, which certainly cannot be explained by a decrease in market volatility. Some accounts have reduced their trading volumes by 70-80%. I understand that it has only been a few days since the end of the season and we don’t have enough data yet, but the overall trend is concerning.
Last 3 days in this case is 26-28 August
The sql query I used might have a mistakes so I want to ask @chaoslabs Have you noticed such a decrease in volumes from top accounts and do you agree with my conclusion that these volumes were essentially sustained by rewards?
I definitely don’t think we should rush to turn the rewards back on just to maintain trading volume. It’s irrational in the long run to buy inorganic volume at the expense of the treasury.