📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Inspired by the $MCDX de-pegging on Gate, write a popular science article about PFOF.
What is PFOF
PFOF (Payment for Order Flow) is a business model where brokers package and sell customer trade orders to market makers, who profit from the bid-ask spread and pay brokers a commission per order.
Core logic:
1. Brokers attract retail trading by replacing commission income with rebates, achieving "zero-commission trading."
2. Market Maker Motivation: Acquire retail order flow and earn spreads through high-frequency hedging.
Core Advantages:
1. Low trading costs: low commissions, costs are passed on to market makers.
2. Advantage of Transaction Price: Market makers have internal matching, and the final transaction slippage is less than the exchange slippage.
3. Depth Advantage: Market makers directly connect with exchanges and conduct internal matching trades, with trading depth greater than or equal to that of the exchange.
Conflict of Interest: Brokers may prioritize routing orders to market makers with higher bids for the sake of obtaining higher commissions, rather than to exchanges that provide the best execution prices.