https://tradenly.xyz/
  • Welcome To Tradenly
  • Lite White Paper
    • 2. Mission and Vision
  • 3. Market Opportunity
  • Competitive Landscape
  • Risk Factors and Limitations
  • Operations
    • 4. Current & Future Features
    • 5. Product Overview
    • 6. Revenue Model
    • 7. Token Utility
    • 8. Development Roadmap
    • 9. Funding Strategy
    • 10. Tokenomics & Buyback Strategy
    • 11. API Access and Developer Tools
    • 12. Security and Anonymity
    • 13. Regulatory Compliance
    • 14. Community Engagement
    • 15. Conclusion
    • Important Links
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  1. Operations

10. Tokenomics & Buyback Strategy

Tradenly has developed a token for our ecosystem called $BOTLY

The tokenomics of the Tradenly platform is designed to create a sustainable, transparent, and evolving economic model for the project’s native token, TRADENLY. The token plays a central role in enabling access to platform features, incentivizing users, and ensuring liquidity across various chains. This section will cover the initial launch, supply details, cross-chain integrations, token utility, buyback strategy, and treasury management.

Initial Token Launch & Supply

  • Launch: The $BOTLY token was initially launched on Cardano with an initial total supply of 100 million tokens. The token was issued to facilitate the access control for specific AI tools on the platform, effectively token gating critical features for users.

  • Supply Reduction: Over time, a portion of the initial supply has been reduced through various burning efforts, reducing the circulating supply to approximately 70 million tokens. This intentional reduction in the total supply is designed to increase scarcity and value over time, benefiting holders and the broader ecosystem.

  • Current Vesting Schedule: There is currently no formal vesting schedule in place for the $BOTLY token. The focus has been on providing immediate access to platform tools while raising funds for further development and expansion. As fundraising efforts continue across different blockchains, new liquidity will be introduced as we expand into Solana, Ethereum, and potentially BASE and Binance Smart Chain (BSC) in 2025.

Cross-Chain Integration & Bridge

  • Cross-Chain Token Utility: The $BOTLY token is designed to be multi-chain compatible. To facilitate seamless interaction across different blockchains, Tradenly has integrated its own cross-chain bridge directly into the platform. This bridge allows the $BOTLY token to move seamlessly between supported networks, ensuring that users can engage with the token regardless of their blockchain of choice. This capability also empowers our AI-powered trading agent to execute trades across different chains simultaneously, increasing liquidity and market opportunities.

  • Supported Chains: The $BOTLY token is already live on Cardano and will be launched on Solana and Ethereum in the near future, with future plans to expand to other chains like BASE, TRON, Cosmos, Arbitrum and Binance Smart Chain (BSC).

Token Utility

The $BOTLY token is integral to the platform’s ecosystem and provides several benefits to holders and users within the platform:

  • Access to Premium Features: Token holders are granted early access to premium tools and features on the platform, including advanced AI analysis, trading bots, and other services that are gated by token holdings. This ensures that active participants in the ecosystem are rewarded with better access to valuable features.

  • Staking as a Service: Future utility of the token will also include Staking-as-a-Service, where external projects can use $BOTLY tokens to create their own staking pools. Projects must hold $BOTLY tokens to access the service, creating additional demand and utility for the token within the platform.

  • Liquidity Pool Creation and Yield Farming: The $BOTLY token will play a central role in facilitating liquidity pool (LP) creation and yield farming strategies. Users will need to stake $BOTLY tokens to participate in liquidity pools, helping to support decentralized finance (DeFi) activities and further driving demand for the token.

Buyback & Burn Strategy

  • Buyback Mechanism: Tradenly has implemented a buyback strategy that is designed to continually reduce the total supply of the $BOTLY token. A small portion of the fees generated through the platform’s activities, including trading, yield farming, and AI tools usage, will be allocated to buying back $BOTLY tokens on the open market.

  • Burning Tokens: The bought-back tokens will then be burned, permanently removing them from circulation. This deflationary strategy is intended to reduce supply and increase the value of remaining tokens as the platform grows and generates more fees.

  • Sustainability of the Strategy: The buyback and burn strategy will evolve as the platform scales, and it will be dynamically adjusted based on platform revenue and user engagement to ensure its effectiveness in supporting token value.

Treasury Management & Governance

  • Treasury Management: The $BOTLY token will be used to manage the platform’s treasury and fund strategic decisions, including platform upgrades, marketing efforts, and community initiatives. A portion of the fees generated from platform activities will be stored in a dedicated treasury fund, ensuring financial sustainability for the project.

  • Governance Plans (Future): While governance features are not currently implemented, there are plans to enable token-based governance in the future. This will allow the top token holders to participate in decision-making processes, particularly in major platform updates and strategic direction. Token holders will be able to vote on key decisions through a governance mechanism built into the Tradenly dashboard, ensuring that the community has a say in the evolution of the platform.

Summary

The $BOTLY token is a core component of the platform's economic model, offering utility, rewards, and governance opportunities for users. With its initial launch on Cardano and plans for cross-chain integration, the token will play a vital role in enabling premium features, staking, liquidity provision, and future governance. The buyback and burn strategy is designed to reduce the supply and increase the value of the token, while treasury management ensures the project’s long-term sustainability. As the platform evolves, the $BOTLY token will continue to serve as a key driver of value, incentivizing users and empowering the Tradenly ecosystem.

To foster a strong, sustainable token economy and maintain the trust of our community, Tradenly will implement a periodic buyback strategy for the $BOTLY token. This strategy aims to create consistent buy pressure, support token value, and align with the long-term interests of our stakeholders.

We will allocate a portion of the funds generated through:

  • Revenue from platform operations.

  • Profits from partnership operations.

  • Earnings from yield farming activities.

These resources will be used to periodically purchase $BOTLY tokens from the open market. This approach not only strengthens market demand but also reinforces our commitment to maintaining a robust and healthy token ecosystem.

The tokens acquired through buybacks will be presented to the Advisory Staff / internal team for strategic decision-making. Possible uses for these tokens include:

  • Marketing Initiatives: Allocating tokens to incentivize user engagement and expand Tradenly’s reach.

  • Token Burns: Permanently removing tokens from circulation to increase scarcity and drive long-term value for $BOTLY holders.

This collaborative and transparent process ensures that the buyback strategy remains aligned with the community’s best interests and supports the continued success of Tradenly’s ecosystem. By balancing growth and value preservation, we aim to build a platform that delivers enduring benefits to our users and stakeholders.

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Last updated 16 days ago