/trading-post

💸 Verto's decentralised exchange mediator

Primary LanguageTypeScriptMIT LicenseMIT

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Verto Trading Posts

Everything needed to become part of the Verto Exchange Network

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About

This repository contains all of the necessary code to start a trading post of your own.

You can access the code for our frontend here.

Important Notice: Verto is in its Alpha stage. If you have a suggestion, idea, or find a bug, please report it! The Verto team will not be held accountable for any funds lost.

Guide

Deploying your own trading post is extremely easy! In this short guide, we'll show you exactly what to do.

Book

The trading post book is a detailed guide to setting up a trading post. You can find it here

Token Staking

To ensure the integrity of the Verto Trading Post Network, you'll need to purchase and stake VRT tokens. The more tokens you stake, the higher your reputation will be. If a trading post begins acting malicious, the Verto DAO will be able to vote to slash that trading post's stake.

You can purchase VRT with AR on Verto!

To stake, you need to lock tokens in the vault on our Community.

Note: You must use configure the trading post to use the same wallet as the one you have staked currency in.

Reputation

As mentioned above, you'll need to stake VRT tokens to be a trading post. A trading post's reputation is determined by the following factors:

  • Amount of stake (weighted at 50%)
    • A medium that the DAO can hold the trading post accountable for
  • Amount of time staked (weighted at 33%)
    • Provides proof of dedication to the platform
  • Balance (weighted at 17%)
    • Provides a rough estimation for the popularity of the trading post

Conclusion

After you've started the trading post, you might want to set up a reverse proxy for the trading post API.

And that's it! Your trading post will proceed to send a genesis transaction to the exchange wallet, which will officially list it on the gallery!

If you have any questions or need to talk to someone, join our Discord!

Special Thanks

License

The code contained within this repository is licensed under the MIT license. See ./LICENSE for more information.