What is League of Traders?

(Source: leagueoftraders)

League of Traders is an application designed for social trading, where users can track the top traders from major exchanges worldwide through leaderboards, and understand their trading logic by viewing their portfolios. For users who are not skilled at active trading, there is also the option of one-click copy trading, which automatically synchronizes the strategies of these high-win-rate traders. Since 2022, League of Traders has become one of the most popular social trading platforms in South Korea, accumulating a large loyal user base and continuously innovating to perfectly integrate social elements with financial trading.

Problems faced by the trading market

Although the scale of the cryptocurrency trading market continues to expand and attracts a large number of retail and institutional participants, there are still many structural issues in the current trading environment, including:

1. Lack of transparent trading behavior
   Most traders operate discreetly, making it difficult to observe their true strategies and historical performance, which hinders beginners from learning and identifying outstanding traders.

2. Expertise is hard to acquire
   Effective trading strategies are often held by a select few, with high barriers to entry and a lack of tools for replication, resulting in knowledge monopolies and disparities in strength.

3. Insufficient community engagement incentives
   Many trading platforms lack reward mechanisms to encourage users to share, participate in, and contribute to community content, resulting in low engagement and user participation willingness.

The innovative solution of League of Traders

1. Transparent and open trading community
The platform uses a ranking system, allowing users to freely view the data and historical performance of top traders worldwide, reducing information asymmetry, building trust, and promoting learning.

2. Strategy Copying and Trading Signals

• Pay-to-See: A one-time payment of LOT tokens allows you to unlock and view a specific trader's portfolio.
• Pay-to-Follow: Continuously track traders' movements in a subscription format.
• Copy Trading: One-click follow-up, copy trading strategies.
• LOT Beacon: Provides high win rate signals aggregated from the platform, allowing users to choose between automatic or manual adoption.

3. Multi-exchange Integration
Users can manage their portfolios across multiple centralized and decentralized exchanges through League of Traders, using consistent tools to track and replicate strategies.

4. Community and Incentive Mechanism
The platform integrates the Social Staking model combining PoS (Proof of Stake) and PoC (Proof of Contribution), encouraging users to participate in discussions, build community influence, and contribute educational content.

The tokenomics of League of Traders

The native token LOT of League of Traders is issued on the BNB Smart Chain (BSC) as the main medium for value exchange and incentives on the platform. League of Traders has set the total supply of LOT tokens at 1 billion and will allocate them according to the platform's development strategy. The allocation structure is as follows:

• Seed round (Seed) accounts for 6% (60 million tokens): This portion of the tokens is allocated to the earliest supporters to assist the project in securing initial funding. This portion of the tokens has a 6-month Cliff (lock-up period), after which it will be released linearly over 24 months to ensure long-term holding and contribution.
• Private Sale accounts for 13% (130 million tokens): It is aimed at early strategic investors and partners, providing support in exchange for tokens. This portion of tokens also has a 6-month Cliff and will be unlocked linearly over the next 12 months.
• Team allocation (Team) accounts for 15% (150 million tokens): To reward and incentivize the project development team, this portion of tokens will begin to unlock after 6 months and will be released in phases over 24 months, aligning the long-term interests of the team with the platform.
• Marketing accounts for 8% (80 million tokens): used for brand exposure, market promotion, and event rewards, of which 37.5% will be unlocked immediately at TGE (Token Generation Event), and the remainder will be released linearly over 36 months.
• Ecosystem accounts for 40% (400 million tokens): As the main resource for platform development and application construction, only 5% will be unlocked at TGE, and the remaining portion will be steadily released over 36 months to support DApp development, community incentives, and platform growth.
• Liquidity accounts for 6% (60 million tokens): All will be unlocked at TGE, used to establish trading pools and liquidity support on DEX / CEX, ensuring free trading and stability of LOT tokens.
• IDO (Initial Decentralized Offering) accounts for 2% (20 million tokens): all released immediately at TGE, allowing retail investors to participate in the initial distribution of LOT in a fair manner.
• Airdrop accounts for 5% (50 million tokens): used for early community participation and activity rewards, of which 40% will be released during the airdrop, and the remaining will be linearly unlocked over the next 4 months after a 2-month cliff.
• Treasury funds account for 5% (50 million pieces): controlled by the platform, used for future community governance decisions, reserve funds, and temporary expenses, with a 6-month cliff and linear release within 12 months.

(Source: docs.leagueoftraders)

This token economic model design takes into account the initial funding needs, team incentives, community building, and long-term stable development, effectively avoiding concentrated holdings and short-term speculative behavior, laying a healthy token foundation and governance structure for League of Traders.

The use of tokens includes:

1. Functional Payment

• Pay-to-See, Pay-to-Follow, Copy Trading, and LOT Beacon all require payment in LOT.
• Enjoy functional discounts and advanced services with LOT.

2. Community Participation

• Stake-to-Earn: Lock up LOT to earn annual rewards.
• Social Staking: Users can earn additional rewards and improve rankings through community participation, governance contributions, and social influence.

3. Governance Function

• In the future, LOT can be applied to proposals and community voting, influencing platform mechanism design and ecological development.

4. Platform Function Unlock

• Holding LOT unlocks advanced features and special participation privileges.

5. Event and Task Rewards

• Participation in activities, competitions, content creation, and other actions can earn LOT incentives.

LOT spot trading will start on June 20, 2025, at 20:00 (UTC+8). If you want to learn more about Web3 content, click to register:https://www.gate.com/

Summary

In the past world of cryptocurrency trading, transparency, learnability, and community interaction have always been bottlenecks that are hard to break through. The emergence of League of Traders not only addresses these pain points but also brings a new imagination in user experience and incentive mechanisms. Through the deep integration of social and financial elements, League of Traders is gradually constructing a collaborative and win-win ecosystem for a new generation of traders.