On-chain trading bots marketplace

On-chain in simple terms is being able to trace every leg of the transaction on distributed ledger or blockchain. Allowance allocation, transfer, bridge, buy, sell – all aspects associated with trading are registered on blockchain making it completely transparent.

One of the best feature decentralization offers is freedom of choice, particularly financial choice. Options to invest in assets that users believe are appropriate for their investment philosophy. In traditional finance it’s a difficult proposition due to regulations and governance. Decentralization and blockchain remove these limitations.

The thought to have financial investment freedom, partial ownership, low transaction cost and transparency is grand. It involves different layers to deliver a good marketplace like UI/UX, valuation, tokenomics, commission, fund management, automated trading and smart contracts that keep the integrity of the system and all of them have to be stitched perfectly – a challenge that few of the platforms are attempting to solve.

Most of the centralized exchanges provide useful services like copy trading, DCA bots and following traders who are most profitable. However, they are not on-chain and in most cases have same constraints as any centralized structure.

catBots marketplace endeavour is to be a platform with multiple bots to cater to the needs of users.

Listing few traits that make a good on-chain trading bots marketplace.

Traders (or) Bot owners – are the stakeholders of platform who build investment/trading logic and offer their services in the form of trading bots. They earn their commission by making profitable bots.

• Seamless onboarding of the traders or bot owners who want to create their own bot and place it on the marketplace
• Platform to validate the functionality/profitability of the bot and ensure that bot meets the standards
• Trading account(s) is owned by platform and bots are fully automated preventing rug pull by the bot owners. Provide automated trading interface giving flexibility to course correct if needed
• Its traders choice to disclose their identity or stay anonymous
• Nothing hides on-chain, p&l calculations of the bot should be as real as they can be. Valuation of the assets done using on-chain data and true reflection of the bot performance
• Deposit, withdrawal and performance fee are agreed with the bot owners upfront. All these components to be coded in smart contracts so that there is complete transparency and accountability for all

Investors (or) Bot Users – are the individuals who deposit capital into one of the trading bots with an expectation to earn return from their investments.

• Users to have multiple bots to select on the marketplace. Access to study bot performance metrics in detail before making a decision
• Bots should have explanation describing nature of assets, high level trading/investment functionality and other aspects required for users to analyse
• Every bot should have right tokenomics and reflect real yield of the investment
• Metrics like total value locked (tvl), number of users and price should be derived from on-chain and verifiable. Total transparency
• Simple interface for the users to deposit and redeem funds. User should be able to manage their funds in couple of clicks.
• User funds user choice – users should be able to deposit and withdraw funds anytime. Funds should not be held hostage by the bots

catBots provides a robust on-chain trading marketplace. Platform capabilities like deposit receipts in the form of token, stable coin based real yield, automated bridging & trading and real time portfolio valuation give a good trading experience for both bot owners and users.