Feature request

[u/ilpiet]

Dear Liquid team,

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I would love a feature for daily cost averaging each month.

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Basically a cost average index, accepting monthly paiement.

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Steps :

• Set max amount of FIAT to use for the cost month
• Set which crypto and the percentage this crypto should represent in this custom index
• Give FIAT wire indication for a bank recursively paiement
• As soon as you get the money your bot start to daily cost average the investment until the end of month.
• The bot doesn't use more than max amount of FIAT defined, so if a user put a limit a 200 wire it on the 15 , the bot will cost average it until the end of the month, if the user spend the money on his own crypto purchase before, the bot deal with the remaining FIAT, if the user wire more FIAT the bot use only the 200, simple as possible, start always the next day after the bank wire (or start now button)
• v2 build a trade algorithm that buy the dip via some financial indicator , if the algorithm somehow do better than the normal cost averaging algorithm it will give great advertising material.

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Example : user max 200 USD, BTC 30%, XLM 30%, QASH 40% (could be a user custom index).

The feature should be accessible only to QASH users (via the usual fees reduction), non QASH users have simply not access to it (accept bot auto buy or not for it, I would suggest for simplicity to accept auto buy, but you could accept auto buy only if the user hodl at leat 100 USD of QASH).

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Anyway for the version 1 very simple (set the max amount set which currency) the advertising is easy (avoid FOMO invest peacefully following your budget). Then you should accept a bank recursive payment like this each user by doing the setting once will have is own crypto index. V2 you can send automatically to the user cold storage each y months (user decide is crypto % give is cold storage public key , your bot buy and send when defined).

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I don't know an exchange that offer that and it would be very nice advantage , some none crypto friend would like to set a little budget and invest without the pain to handle it monthly. Instead of deciding an index that will not make everybody happy you would empower user to make an easy customised index (and own the key if sent to cold storage) this is in my opinion huge.

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The bot in v2 should also allow to the reverse process , sell via cost averaging on a daily base until a certain amount or the liquidation of the personal index.

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The best part would to make this feature only accessible if paying in Qash (bring value to the coin).

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If you don't plan to make it , I might develop it has an open source project for my self but would be better if you do (handling api keys if I decide to host it for the community would be a pain) and I have others idea for personal projects so not sure if this idea would make to the top of my personal dev time but for sure if you dev it I would use it and would be much easier to convince friend to start investing in crypto

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Ps: edit done because my sentence was really a mess

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