Leveraging gTrade Overcollateralization Layer to Attract New Traders

Sorry I think I was a bit unclear in my proposal. I’m not suggesting we directly use the overcollat layer to mint trading tokens, but I think that the creation of a token that represents the right to execute a trade with no opening/closing fees would attract some new traders. Usually these opening and closing fees would go to the vault, bolstering our level of collateralization, but in the case of this proposal, those fees are nonexistent and the edge that gTrade usually has is diminished in that way.

This is what I mean by “using” the overcollateralization, which perhaps isn’t the best way of describing what I’m suggesting.

I’m envisioning that these tokens would not be worth very much on their own and would hold little to no value in a liquidity pool; just an incentive for high-profile traders to try out the platform.

I agree with you in that those three points are important for long-term growth, but I think we as a platform are coming up on a pivotal time with the STIP bridge and a short term campaign like this might just be what we need to onboard more whales.

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