Over-the-Counter (OTC) Market
Greedy little people in a sea of distress
Keep your more to receive your less
Unimpressed by material excess
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
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.
Where OTC?
Nowhere yet. Please wait.
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