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quickstart.md

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Quick Start

Drift Protocol Jit Market Making, offer fee rebates for providing liquidity.

  1. create and fund an account on drift protocol
  1. get a private RPC endpoint
  • RPC is node to method to send tx to solana validators
  • Recommended: Helius Free Tier
  • more RPC colocation/resources can benefit competitiveness
  1. examine src/bots/jitMaker.ts
  • see/modify the strategy for providing jit liquidity
  • default tries to intelligently provide within max leverage of 1x
  • optionally can hedge perpetual with spot if available
  • optionally set decision criteria on a per user basis
  1. update parameters in jitMaker.config.yaml
  • set the markets willing to provide jit liquidity
  1. run strategy
  • yarn run dev --config-file=jitMaker.config.yaml
  • track and monitor to make improvements
  1. join discord / open PR
  • drift protocol promotes a open and helpful development community
  • get technical help, discuss ideas, and make internet friends :D