Introduction
Botmain is a pioneering blend of cutting-edge trading technology and decentralized finance. On the surface, it's a cross-platform desktop application that empowers traders with a TypeScript SDK for building automated trading bots. Under the hood, it's a sophisticated, self-hosted trading infrastructure heavily inspired by award-winning, institutional-grade banking software. Botmain allows retail traders to build, test, and scale their trading strategies into automated asset-management funds, all while retaining asset-custody and protecting intellectual property.
The DAO The essence of Botmain's mission —- to empower traders -- melds with its ambition to pioneer a proprietary trading fund governed by a Decentralized Autonomous Organization (DAO). Embracing a systematic approach, Botmain advocates for automation as the pathway to demonstrating profitability and robustness in trading. The platform provides traders the tools to build and demonstrate their trading prowess using quantitative methods and deploy capital risk-free using funding from the Botmain Treasury. The DAO will administer "Trading Challenges" in a competitive setting to identify and reward talented traders and to foster long-term working relationships, increasing payouts to up to 90% of profits for long-term fund-managers.
The Token All Botmain Token holders are members of the DAO and can partake in the DAO's decentralized decision-making process, shaping the future of the firm. Botmain Token holders are also proportional beneficiaries to the future profits of the DAO. The DAO will payout rewards, burn tokens, and re-invest profits based on bylaws created and ammended through the democratic voting process.
Over time, the DAO will diversify and grow its income streams to become a multi-faceted organization and become a leader in the decentralized fund-management and trading techology space.