https://x.com/Mizar_com/status/1788830874017951835

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Mizar (@Mizar_com) on X

***🙏*** Big thanks to @DieselLTCrypto for the fantastic tutorial on how to connect WOOFi to Mizar ***⛓️*** If you haven't already, give it a shot. Connecting via API on @\_WOOFi is a breeze! ***🌟*** https://t.co/pz3yS1tLoe

https://x.com/_WOOFi/status/1788199770952966191

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WOOFi (@_WOOFi) on X

Just 30 mins until our copy-trading crash course with @Mizar\_com ***⏰*** Set your reminders ***👇***

? Excited to share a sneak peek of what's coming up in tomorrow's XSpace with WOOFi and Orderly Network! ?

Thread ??https://x.com/Mizar_com/status/1787870589266354662

? New Feature - Open Marketplace

It's finally here - copy-trading for all! That's right, now everyone can share their trading bots on our marketplace and earn from being copied!
How does it work?
Publishing your bot is very simple. Allow us to guide you through all the steps:
- Complete your Mizar profile with an avatar, name, and description.
- Create your bot, add a subscription to it, and publish!
- Be active on our Discord and start to get noticed by our community!

And voilà, your bot is ready to be copied! You have the option to keep it private for your community or share it with the wider Mizar marketplace. As you create and share bots, you'll be ranked into Mizar trader levels based on various criteria such as followers and profit generated.

So, what are you waiting for? Start sharing and profiting from your trading expertise on Mizar today! ?

Performance Fee Recalculation and New Liquidation Accounting
We're pleased to announce that we've recalculated the performance fees following liquidation, and any excess performance fees have been refunded to you.
Moving forward, we're adjusting our policy to ensure fairness and transparency. From now on, liquidation will be accounted into the calculation of performance fees. This means that if you've been liquidated on a particular position, you won't be charged a performance fee for that position.

While we believe that funding remains the responsibility of those who engage in copy-trading, we understand the impact of liquidation on financial losses, and we don't want to exacerbate these losses by charging performance fees on top of liquidation events.

This adjustment aims to support our traders that are engaged in futures trading where liquidation risks are unfortunately always possible, especially when using high leverage.

Additionally, it's crucial to follow the recommendations of the strategy providers and avoid over-allocating capital to multiple subscriptions. This will ensure that your margin amount exceeds the maximum investment margin of your subscription, thereby enhancing the safety of your account and mitigating risks associated with liquidation.

We wanted to inform you that we've initiated the recalculation of performance fees. Some of you may have already noticed adjustments of the performance fee linked to the recent liquidation events on Friday.

This process may take some time to ensure accuracy, and we anticipate that all performance fees will be recalculated in the next 24 hours.

We appreciate your patience and understanding as we work diligently on this. Our aim is to provide you with the best possible support, and we hope this recalibration will contribute to partially reduce your liquidation impact.

Stay safe! ?

? BTC fast crash and liquidations ?

Last night BTC and the crypto market resulted in a widespread sell-off and the liquidation of over $700 million in long positions within a matter of minutes. Regrettably, many of us were caught off guard by this unprecedented event, leading to significant financial losses due to liquidation for some.

In light of these developments, we at Mizar would like to address the impact on our community. While our performance fee calculations typically require users to bear the consequences of liquidation events, we recognize that this recent market crash was exceptional and affected even well-funded accounts.

Therefore, we want to reassure you that we are actively addressing the situation. While we cannot reverse the liquidation events that occurred, we are committed to providing some measure of relief during this challenging time. We will review how the performance fee is calculated in light of this exceptional event, and come back on Monday with some actions, to support all of you.

Thank you for your understanding and patience as we navigate these turbulent market conditions together. ? As always, please ensure your safety and risk control, especially in the face of continued high volatility expected in the coming days.

❤️ New Feature: Bots Love ❤️

We're thrilled to share some exciting news: Mizar is levelling up to become a true social trading platform! Now, you can spread some love to your favorite bots by giving them likes! Yes, just like on Twitter, Facebook, or any major social platform. Pretty cool, huh? ?

But wait, there's more! This feature isn't just about spreading positivity; it's also a valuable tool for you to gauge what others think about certain bots. The bots likes could be used as an extra indicator for you when making decisions about where to invest your money.

Get ready for a likes battle! We're gearing up for a fun MZR campaign in the days ahead, where bots and voters alike can participate and earn some free MZR! ⭐ ?

This marks another significant stride towards our vision of an open marketplace and social trading platform. Stay tuned for more updates because we've got plenty more in store!

? New Feature: Unpublish Bots ?

We're thrilled to introduce a brand new feature to our platform: the ability to unpublish bots from the marketplace! Now, traders have the power to remove inactive or unnecessary bots from the marketplace.

Here's what you need to know:

? Control Over Your Bots: Official traders can now easily remove bots that are no longer needed or inactive.

? Transparency for Copiers: Copiers will be informed if any of their active subscriptions belong to an unpublished bot (in their dashboard). Don't worry! Your existing open positions will continue to be managed by Mizar based on the last bot settings. The only change is that new positions won't be opened because the bot is no longer public.

This feature is bringing Mizar closer to an open Marketplace, coming very soon! ?

But wait, there's more! We have another exciting feature coming soon, so stay tuned for updates!

Thank you for being a part of our journey ?

We've been attentively listening to the feedback from our community, and we're excited to announce that our upcoming Mizar plans have been massively improved, to make sure everyone is happy while using our services. Your insights are invaluable to us, and we're committed to enhancing your experience with Mizar.

Here are the key changes we've made:
- Softened Pay-As-You-Go Plan: We understand that commitment levels vary among our users. To cater to those who prefer flexibility and want test Mizar before committing, we've adjusted our Pay-As-You-Go plan, now featuring a more accommodating structure.
- Enhanced Trader Plan Limits: We've expanded the limits of our Trader plan. This enhancement ensures that most of our users, regardless of their experience level or capital, can leverage Mizar to its fullest potential.

We extend our heartfelt gratitude to each of you for choosing Mizar and for sharing your valuable feedback.

Feel free to explore the updated plans here: https://docs.mizar.com/c-mizar-manual/fees/mizar-plans

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