Pay-to-See
Last updated
Last updated
The League of Traders platform features a dynamic leaderboard that ranks traders based on their performance metrics. Naturally, this fosters a strong interest among users to observe the strategies and portfolio compositions of top-ranked traders.
The Pay-to-See feature enables users to unlock access to another user's portfolio by paying a one-time fee in LOT tokens. This model promotes greater transparency and incentivizes information sharing in a decentralized manner, allowing skilled traders to be fairly rewarded for showcasing their strategies.
Unlike traditional platform-based access control, Pay-to-See on League of Traders is executed through a smart contract deployed on the blockchain.
When a user initiates a Pay-to-See action, a transaction is sent to the smart contract, which records the payment and permission grant on-chain. Once confirmed, the user is authorized to access the target portfolio.
This mechanism ensures transparent and immutable access rights without relying solely on centralized database systems, aligning with the platform's goal of decentralization and verifiability.