New Opt-In User Modes for Improved Capital Efficiency and Liquidity

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Request for comment on this two ideas

High Leverage Mode (#1240):

• This mode allows users to access lower margin requirements on select markets, improving capital efficiency. To mitigate risk, there will be:
• A cap on the number of user accounts that can enter this mode at any given time, ensuring that the system's max margin extension is limited.
• The maximum position size is already indirectly limited by the market's IMF factor, providing an additional layer of protection.

Protected Maker Mode (#1258):

• Inspired by AMM models, this mode is designed for more passive makers to protect against toxic flow by requiring a minimum order lifetime of order on takers (who don't qualify for exemption) for the makers who opt-in to this mode. It provides more new additive predictable liquidity without negatively impacting existing auction-based order system.

How it Works:

These modes are opt-in and implemented using a bitflag system, which allows users to enable multiple modes simultaneously. By choosing to participate, users can benefit from higher capital efficiency and liquidity opportunities, while ensuring that overall system risk remains contained.

These updates are aimed at offering greater flexibility to users, while maintaining the safety and resilience of the platform.

Please comment below for any feedback or questions!