Jake Choi
Source: Notion | Last edited: 2023-08-01 | ID: 916a2425-b4a...
| Property | Value |
|---|---|
| Eon Feedback | Hi Peter, thank you for clarifying the terms. However, I must say that a base pay of 300k is not a realistic option for a crypto market making system, given that they usually generate one-digit monthly returns. Our prop funds are not sufficient to generate enough excess return to cover such a high base wage. Furthermore, Jake himself stated that his strategy’s ceiling is around 5 million, which can handle market impact in the thinly traded crypto market. For instance, even if we offer him 5 m… |
| Follow-up | Potential partnership if good historical PnL |
| Initial Info | Coinhako |
| Priority | 6 |
| Status | Waiting for Historical Data |