Snipe Prevention
Last updated
Last updated
Our primary goal in building Vertigo was to decrease the outsized advantage that snipers have over regular users, and create a far superior trading experience.
When setting up your launch, you can use one of our ready-made anti-sniping profiles, or set a custom normalization period. The normalization period is the period just after trading starts, that lasts for a number of slots that you set.
In this period, trading fees are much higher, to penalize predatory behavior from snipers. Snipers pay extra fees, but that penalty approaches zero right when you could expect the fastest humans to be landing transactions. It all happens very quickly.
The fastest human originated transactions usually land > 8 slots after trading begins.
Depending on how contested the launch will be, you may set your normalization period to be longer or shorter. Ideally, you set your normalization period so that it ends right when your fastest click traders land their first buys. That way, nobody gets penalized for simply being excited about the project.
Any additional fees captured from predatory snipers are split between you and the Vertigo protocol.