We will support dex on conflux: swappi. The logic will be based on ta indicator and some money management strategy. the strategy will be written in smart contract but it will be unverified, so the strategy stay hidden and cant be front running or copied.
Our token (TXT) represent this trading strategy performance. On winning token price will be up, on lose token price will down. TXT token price will be undisputable proof for the performance. Compared to bot on cex, they may give you some performance data, but you must trust them. You dont know does they lie or not. Meanwhile our performance proven by swappi it self. You may check their analyze & chart for TXT token.
It’s how? On winning you token price down?
You token simulate synthetic algorithmic Stablecoin economy model? And what mean strategy are closed? I’m as end user must know what a basic principals are at program that would be manage my funds. It’s normal. Any bots have settings. Ranges, orders etc. Have slippage anti PnD protection, etc. if your Bot based in AI anyway it’s have started level.
Swappi is a AMM Dex. So AMM easy to manipulate with price via weak liquidity pools. And for what needs TraderBot on AMM exchanges only if you are not have aim to increase liquidity and trading volume of your own pools and Dex at all.
Guys, here is decentralisation area. Forget about sentences “you must” and etc when you have discussion with your potential community. When you present product, it’s you must do all that ppl like it and use. Not ppl must.
And keep in mind that much more easy not trust own funds to anyone. Especially for manage trading on AMM Dexes. I’m know few teams who are have real workable MM Ai for AMM but it’s not same as mass adoption products. It’s very very difficult to realise and who do that in real, always have a private clients.
And why you cannot simple pump your token via centralise manage of your smart contract = manage all your dApp users funds? I’m check PPI chart and it’s improve me much more trust. Also when I go to ConfluxScan and get multiple proofs that “whale” is full associated with Conflux Foundation. Lol
no, to understand how our token work please check 2nd thread. about tokenset. it work like these for simple example:
let’s say we use very simple strategy for pair eth/usd. buy if price above sma 21, sell below sma 21
we set up wallet or smart contract with 10000 usdt. we also set up liquidity on dex 500 usdt & 500 token
wallet/smart contract at no 2 will run by strategy in no 1, so asset on wallet/sc not always 10000 usdt. may be up, may be down. the chart will represent the effectivenes of strategy 1
when there is gap of price between wallet/smart contract and dex. an arbitrage bot will make the price on dex follow total asset in wallet/smart contract.
this mean: token price pegged to total asset resulted from strategy performance
on point 1 example above. we dont publicy the strategy, because if its open, the token will be irrelevant. just read the code for strategy and run those strategy yourself without using our token
all parameter received from our machine learning process (though ml & ai is overhyped). already tested. back tested and forward tested. so we got the optimal profit/risk. no need for user to select strategy or parameter for best result
Dex enable all operation especially arbitrage running on chain. It will be transparent, who control and manipulate the price, it will be shown on scan. And it no need for human intervention if running by smart contract. On our system, the one that control price, is a smartcontract that part of strategy. It hold all non-circulating token, and it also hold the biggest liquidity. Because the smart contract is the biggest “whale” its not easy for other to manipulate price.
We dont manage user funds. User no need to stake with us. To participate user have 2 ways:
buy txt token on swappi dex. sell the token to take profit or cut loss
mint tbotx nft for some fee. tbotx nft owner may claim daily token. those token is part of revenue from strategy profit and arbitrage opportunity. nft supply is limited, and there is risk token generated may not cover minting fee
1st Airdrop Event had ended. Congrats to the winners (twitter accounts) below: @ybbaybb @joseyea96 @parachute_2010
10 $TXT has been sent to the conflux espace wallet. Thank you to participate to the event.
Hello Conflux community. Traderbot X team want to expand the team. We looking for community builder/manager. For anyone with experience, please dm me. Thank you
Traderbot X Mainnet has been launched. Its deployed on conflux eSpace & listed on Swappi.
Our token (TXT) price chart can be found on dexscreener. Link to swappi and dexscreener can be found on Traderbot X dashboard (link on 1st thread).
About Traderbot X NFT (TBOTX)
Traderbot X NFT (TBOTX) is NFT that represent ownership of Traderbot X. By minting an NFT, user help to increase amount CFX manage by Traderbot X vault. As compensation vault will unlock TXT token on daily basis, from 1st hand, and will last for long time (until total supply locked exhausted)
TBOTX owner have advantage compared ordinary user that trade directly from Swappi, because buy token from Swappi often bounded to low liquidity and high slippage.
Can you explain, how you can launch Mainnet, if your are not a layer 2 solution? You can only launched on Conflux eSpace Mainnet. But not launch traderbox’s mainnet. And what ticker is right for you: tbotx or txt?
Just google “uniswap mainnet” or any web3 project launch event on mainnet, most of them not L1/L2. L1 or L2 launch their own “chain” or “blockchain”. There isnt any word “launch own mainnet”
And not think that I’m complaint(someone usually thoughts same, who are not well know me, Eng not my native lang), it’s usual questions.
Just google “uniswap mainnet” or any web3 project launch event on mainnet, most of them not L1/L2. L1 or L2 launch their own “chain” or “blockchain”. There isnt any word “launch own mainnet”
It’s about im say to you. L1 launch own network, L2 can use Parent blockchain as Transport. So not all L2 has own independent Mainnet or Testnet. If we speak about Ropsten or Koven they are Testnets for ETH, but if we speak about Omni layer they used Bitcoin blockchain
We are not aware about mentioned project. We are different project, and on eSpace we are the only using TXT ticker. Hope anyone not confuse and always refer to https://app.traderbotx.space there are links/button to swappi exchange page to trade
But they are was applied earlier than you. So, if they are for now develop they DApp they are drawn tokenomic based on their native token : TXT. Here on eSpace less than 30 tokens tickers, but you and they have same ticker variant. For community not be so good, same for both projects. Too much empty slots for tickers, why not needs to choose same.
If they too would be listed on swappi ? If they launch, they would be
One of the much more knowing well situation, when project cannot be listed on top CEXs coz use Ticker that was already used by another project, it’s BCH, first ticker that choose Roger Ver was BCC (same as first Bitcoin Ticker, also was BCC), but BCC on 2017 year already was used by well known BitConnect (BCC) Ponzi . As result Ver change ticker to BCH and change BCH node name in source for set difference from Bitcoin specs. BCH node marked as BitcoinABC
For the community, we believe they want to get a good product which resulted on token appreciated on steady growth. This what traderbot x planned and deliver
we sincerely hope all project on conflux espace, same ticker or not, same function or not, to deliver good product and grow together. competition is good for users and builder
