TradingBull.io -DeFi Bonding Curve Offering
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TBC-BUSD Master Supply Contract: Private Sales
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Key Takeways
- Limitless liquidity: Liquidity of TBC guaranteed by BCO.
- Deterministic: Automated Market Maker predicts price.
- Continuous: Next TBC more expensive than last.
- Utility: Incentivizes users to trade on TradingBull.
- DAO: Stake TBC for TBG and cast votes with it.
Problem
With the rapid diversification of the crypto space and its offerings, it becomes more and more inefficient for traders and investors to Track, Manage, Balance and Control cryptocurrencies across platforms and wallets. More often than not, this is done manually, making it extremely time consuming and prone to user error.
It has also become increasingly necessary to maintain an accurate record of transactions and balances across platforms, for tax reporting purposes.
TradingBull.io
Ultimate tool for web 3.0 investors
- One Stop Trading: CEX & DEX Aggregation
- Wallet Tracking: On and off chain
- Data Analytics: Portfolio and market performances
- Accounting: Global P&L across Exchanges & wallets
TradingBull.io is a Cross-Exchange Trading and Digital Assets Management platform, built to optimize how traders and investors trade, invest, manage and allocate their digital assets across platforms.
The concept is simple: Users connect their different accounts to the TradingBull’s graphical interface (via API keys & web3 wallets) and obtain a full overview of their assets as well as aggregated transactions history, wherever it is located (Exchanges & on-chain wallets).
Additionally, users can cross-trade on major Exchanges simultaneously (CEX and DEX) directly on TradingBull, obtain real time analytics about Assets (market, on-chain, sentiment, news), visualize their global P&L, place customized and automated orders (Bots), identify arbitrage opportunities, and more.
Further information about the platform and Business model are available at TradingBull.io in the Pitchdeck or in the Whitepaper.
TradingBull Credits (TBC):
Building an ecosystem on top of Binance Smart Chain
TBC Utility:
- Buy Subscriptions and platform services at discount;
- Rewards active traders based on trading volume;
- Stake TBC to increase rewards and receive governance tokens TBG;
- Spend TBC for using DEX aggregator (gas fees);
- Use TBC to interact with DeFi products on TradingBull.
TradingBull Credits have been designed to incentivize active traders to trade through TradingBull, by offering them a cashback in TBC.
TradingBull doesn’t charge additional fees up to what Exchanges are already taking from users connecting them to TradingBull, therefore giving a real incentive to trade through the platform with TBC Cashbacks.
In addition, users can use TBC to pay for discounted subscriptions and premium services on the platform.
Bonding Curve Offering:
A DeFi smart contract on Binance Smart Chain
TBC tokens are exclusively distributed through a Decentralized Bonding Curve, also called Master Supply Contract.
The Master Supply Contract contains an Automated Market Maker (AMM) derived from the Bancor formula, and acting just like a Decentralized Exchange with an internal price Oracle. The AMM predicts the price of TBC at all times, based on its outstanding supply.
The BCO and its AMM ensure a full and permanent liquidity on the TBC-BUSD pair, limiting liquidity risks.
The AMM is supplying TBC based on the following schedule:
Buying TBC locks up BUSD and mints new TBC out of the contract while selling TBC burn them and releases BUSD. (mint/lock vs burn/release).
The AMM dictates that every new TBC minted out the BCO contract is incrementally more expensive than the last, taking into account supply and demand as well as scarcity.
The Price(TBC) = f(Circulating Supply, S) equations are given as follow:
S=0 -75M: Price = 0.00001
S=75M -125M: Price= 0.000000002*X, with X=(S-75,000,000)
S=125M - 250M: Price = 0.01*exp(0.000000018420681*S)
Fees: Buying TBC from the contract only pays network fees, while selling TBC against it has an additional 2% taker fee (paid to the non-profit TBC Foundation, operator of the BCO, to maintain the contract).
Utility Reserve (30%):
Backs TBC with utility
- Cashback Pool (10%): 10% of TBC total supply will be distributed through the platform as monthly rewards for active traders (see mechanisms bellow).
- Liquidity Pool (10%): 10% of TBC’s total supply is allocated to the liquidity pool, which can be sold back to the contract progressively to fund daily development and operations, with a daily rate threshold of 50,000 TBC/day (max), auditable through the contract’s address.
- Team (5%): 5% will be offered to current and future team members (Founders, developers, employees, Advisors) as retainers and additional vested incentives plans (released progressively and over time), distributed over the course of the first 4 years.
- Marketing (5%): 5% will be offered to social media influencers, pro traders, specialized press, content writers, marketing agencies, affiliated programs (Airdrops, referrals) to promote the platform over the course of the first 3 years.
70% are offered through the BCO contract with 20% for private sale (see bellow) and 50% for public sale.
For further information about the Contract characteristics, mechanisms, distribution and AMM, see Tokenomics.
Cashback Mechanism:
Proof of Trading (PoT)
Active traders are rewarded for trading on TradingBull by earning a percentage of the cashback rewards (5% of the cashback pool is airdropped every month and shared by all active traders), proportional to their trading volumes on the platform.
An additional condition is added to the total amount of TBC distributed each month: Total TBC airdropped =< Total monthly trading volume ($) / 200
Ex: If total monthly trading volume on TradingBull is $100,000,000, the max airdropped amount = 500,000 TBC
Individual monthly cashback (IMC) is calculated once every month, and distributed after deduction of transaction fees:
Progressively, 30% of all profits generated by the platform will be allocated to buying back TBC in order to refill the cashback pool, with a limit for the pool’s size at 15% of the total TBC supply.
Staking and cashback multiplier (M)
Active TradingBull traders can send TBC to the staking contract address to obtain a multiplier factor (M) on their monthly cashback’s allocation.
The multiplier is calculated by averaging the amount staked by each wallet addresses over each day of the month. (eg if a user adds TBC to the staking contract at day 15, a weighted average of his staked balance for the first 15 days + the last 15 days of the month will be used for calculating his M).
Example
- TBC in cashback pool: 25 000 000 TBC
- Total monthly trading volume on TB: $500 000 000
- Distributed as rewards: 1 250 000 TBC
- Avg user staked amount: 5 000 TBC
- Avg user multiplier (M): 1,5
A TradingBull’s trader having traded $100k volume this month and staked 20k TBC will receive 333,3 TBC and paid a $25 Subscription ($20 if paid in TBC).
Governance and DAO: TBG tokens
Community building & engagement
In addition of increasing their multiplier factor M by staking TBC, TBC holders also receive governance tokens (TBG) in reward.
A governance-mechanism led by the community (Decentralized Autonomous Organisation: DAO) will be created for users and token holders to vote and decide of the Funds’ allocation from the Utility Reserve that is financing the TradingBull’s platform development.
TBG will allow users to cast votes regarding features’ development, improvements & modifications, Exchanges’ integration priorities, and other governance topics related to the platform.
Additionally, TBG will also be used to interact with DeFi products on TradingBull.
Use case
A trader has traded for $100,000 volume on TradingBull this month. She receives 330 TBC as reward. She then has 3 options:
- Pay for her monthly subscription with the TBC received;
- Stake them to increase her M. Next month, she will receive 340 TBC + Some TBG (governance).
- Trade the TBC received.
This mechanism involves than:
- Traders have incentives to use the platform;
- TBC utility and circulation is ensured;
- Active traders need more TBC to earn more TBC: Tend to buy / stake.
Private Sale: IBCO
Early investment opportunity into the BCO smart contract
During a limited time, early investors will be invited to participate in the IBCO to buy TBC with BUSD before the curve goes public and the token price is driven up by the contract.
The IBCO contract will activate the BCO contract if the Soft Cap is reached during the IBCO phase or otherwise if the Hard Cap is fulfilled:
Soft Cap: 500,000 BUSD
Hard Cap: 2,500,000 BUSD
Bonus for reaching the Hard Cap: +10% TBC distributed to all participants.
The final price given to investors is determined by the curve itself and depends of the amount of BUSD received and injected in the BCO contract.
See “Bonding Curve Offering” section above
Public Sale
BCO contract goes public
At the end of the private sale, the BCO contract is publicly launched by the TBC Foundation, along with Public Marketing campaigns:
Additionally, TBC will be listed on DEX(es) which will allow users to benefit from arbitrage opportunities between them and the Master Supply contract.
Use of Funds
Shipping the product
50% of the funds raised will be sourced to Research & Development of the platform, 20% will be used for Marketing purposes and the rest will be held in reserve to sustain other recurring costs outside of R&D such as cybersecurity and maintenance.
15% of the funds will be allocated to building a hybrid blockchain with the Cosmos (ATOM) SDK. The hybrid blockchain will increase the platform’s security and provide additional blockchain-based services (DEX & SWAPS). A chain swap will be performed once the native chain becomes operational.
Marketing Strategy:
Keeping TBC value up
The Marketing Strategy can be broken down into 3 main channels:
- Free: Specialized press coverage of the BCO, comparators/review websites, Social Media activity with content generation (Medium, BTCtalk, Twitter, Telegram, reddit…), listing/referencing (CMC/CoinGecko/CoinPaprika…), online and offline events, AMA, manual growth hacking and other ad-hoc methods.
- With TBC: Through social media influencers and marketers (promote TBC for TBC), airdrops, referrals, giveaways (with call to action), DEX listing, Trading competitions based on P&L.
- Paid: Promotion in trading groups (telegram), in specialized press, paid advertising banners (BTCtalk, CMC, Twitter…), specialized digital marketing agencies.
Roadmap
Execution in a timeline
Team
About us
Founders
Arthur J. MEUNIER (Operations, Product dvpt, PR):
Arthur started his career as an engineer in China, managing responsibilities in positions including engineering, production, sales and business development. He quickly climbed management ladder to fulfill top leadership roles within international firms.
On his path, Arthur has had several entrepreneurial experiences within the crypto, engineering, ecommerce & consulting fields, allowing him to develop coding skills (frontend/Python/Java).
In 2016, attracted by the growth of the cryptocurrency space, he moved to Shenzhen and joined the HSBC Business School, in addition of running a mining farm for the 2 years of the BA program. He then worked with a Blockchain Consulting firm, on topics including financial and blockchain data analytics before going to India for prototyping TradingBull.
Arthur has a strong track-record in international team management.
Sergey IVANOV (Business Strategies, Partnerships)
Sergey began trading cryptocurrencies while studying in the USA back in 2013. He developed and applied successful day trading strategies through his careful evaluation of market dynamics.
At 24 years old while studying Finance at Peking University, he was running and remotely managing his own hotel in Saint Petersburg. A year later, Sergey founded FAS, a Consulting firm advising companies on matters such as International Business development, Blockchain deployment and applications, business models revamping and financial projections.
Sergey has a strong entrepreneurship spirit and is comfortable dealing with challenging business contexts. His pragmatism and interpersonal skills have allowed him to navigate through a variety of business situations.
Devs, Advisors and Partners
Additional information
Website: TradingBull.io
Pitch Deck / Whitepaper / Tokenomics
BCOs in the past: DeFi Prime: “Bonding Curves Explained”
Contact: contact@TradingBull.io
Twitter: @_Digital_Assets
Telegram: https://t.me/TradingBull_DA
