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Technology and innovation differentiation
Last updated
SquaDeFi.xyz
Last updated
Upon user registration in the app, a wallet is automatically created for them, facilitating the buying and selling of access keys. This wallet is essential for managing their access keys. It’s worth noting that if someone purchases your access key (and you are a content creator), 5% of the purchase value is automatically credited to your wallet.
Defilima: https://defillama.com/protocol/squadefi
Smart Contract: https://basescan.org/address/0xfad362E479AA318F2De7b2c8a1993Df9BB2B3b1f
Each time a user invests in a content creator’s strategy (investing in an influencer), we open an additional wallet in the user’s name, named after the content creator. This wallet is connected to a copy-trading smart contract, which starts replicating/copying the content creator’s trades. While it’s possible to deposit or withdraw funds from this wallet, trading independently on your own is not an option.
Users will gain a new wallet each time they decide to copy-trade a content creator.
How copy-trading works: https://youtu.be/YEMoJ2401sw
Access Keys grant their holders access to the content of their specific creator and the ability to copy-trade that specific creator's trades
Each user or creator has their own personal access keys. At the moment of the first purchase of the key, a liquidity pool for that specific creator is created. Each creator has their own liquidity pool, and a 10% commission is added to the price of the token during purchase or sale. 100% of the token price goes to the creator's liquidity pool, and the 10% commission is split between the creator and SquaDeFi after each purchase and sale of the token.
Key price grows with the number of keys purchased and decreases with the number of keys sold.
IMPORTANT: There is no secondary market for access keys; they are exclusively bought and sold within the creator's liquidity pool.
