# Over-the-Counter (OTC) Market

> Greedy little people in a sea of distress&#x20;
>
> Keep your more to receive your less&#x20;
>
> Unimpressed by material excess&#x20;
>
> Love is free! Love me, say, "Hell yes!"

### **Layer 3** is launching with a functional over-the-counter (OTC) token marketplace!

### What is OTC?

* List any size tranches of any Polygon Network token for sale!
* Peer-to-peer trading of any token, including **ARCADIUM** and **MYFRIENDS**, without dumping on AMM liquidity pools
* Buy/sell **HUGE** orders with **ZERO** price impact
* "**Dark pools**" at big discounts!
* Fee-free forever for house tokens! Avoid transaction tax!
* Seller deposits tokens and places order, buyers can execute any order
* When implemented, fees will be used to provide AMM support for Layer 3 farm token (50%) and distributed to Layer 3 ownership token holders (50%).

### Why OTC?

* Not dependent on AMM liquidity levels
* Transfer HUGE token volumes with no price impact
* Duplicates the functionality of the limit/market order system
* Creates profitable arbitrage opportunities for traders
* Enables trustless trading within projects' social communities

### Who can use OTC?

* Anyone who wants to sell tokens
* Token communities that want transfer ability without AMM price impact&#x20;
* Token creators running presales/token offerings
  * Can be used as a "fair launch" method that is actually fair (uniform price)
* A caveman (because it's so easy)

### When OTC?

* Barring delays, Layer 3 will release with the OTC engine enabled.&#x20;

### Where OTC?

* Nowhere yet. Please wait.

© 2021 Sugandese Tokens


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