π€Partner Benefits
Last updated
Last updated
Projects partnered with OTSea enjoy a share of the fees collected from all orders on the platform that contain their token, as well as enable other benefits.
OTSea Platform Fee 1%
Partner Fee Share 30%
Example: User puts up an order of $100k USD worth of $EXAMPLE tokens and it gets filled. OTSea collects $1000 from the order 1% fee, 30% of which is shared with the partner.
Partner $EXAMPLE receives $300 from this order alone. Compound this by ongoing volume without an expiration date, and it essentially provides a revenue stream for 0% tax tokens, for their project's treasury.
Project Benefits of Enabling OTC Capabilities
Encourage users to offload tokens over the counter rather than selling them into a liquidity pool. This helps avoid unnecessary large dumps on the chart
Conducting OTC deals for paying KOL's, for services, etc
Partner projects additionally get the benefit of choosing to enforce a delayed release for all orders on the platform that contain their token. Users filling orders will have to wait 5 minutes in order to claim filled order tokens. This helps mitigate the impact of arbitrage bots who seek to insta-flip the tokens on the chart after filling it.
Token Holder Benefits of Using OTC
Avoiding losses incurred from trading into liquidity pools. This is more crucial for large orders, where sellers and buys are frequently losing a lot of money due to slippage by trading into liquidity pools. When trading OTC, they are able to buy or sell the tokens at full market value
Selling discreetly. Sometimes, larges holders prefer to exit without causing a panic or making a scene upon exit. Unlisted orders are an additional feature which will allow the order to not be visible on the dAPP
As a buyer, purchase tokens and make offers for tokens at below market price
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