Token Utility
LOT is the utility token of social trading platform League of Traders. The usage of LOT will include the following:
Fee discount
Users will be able to hold a certain amount of LOT to access lower Copy Trading fees on the platform or use their LOT to pay their fees at a discounted rate.
Reward system
Users will be rewarded with LOT after achieving certain trading milestones, such as achieving a certain number of successful trades or reaching a key trading volume.
Prize pools
Prize pools will be created with the purpose of rewarding users with LOT to promote League of Traders trading competitions.
Social interactions
Possible paid subscription models with the LOT token:
Portfolio commentary and analysis for purchase
Premium services
League of Traders can offer premium services for a variety of platforms, this includes functions such as advanced trading systems (fast API keys, private IP addresses), or customized investment indexes by professionals, that can only be accessed with LOT.
League of Traders PRO will be purchasable with LOT.
Staking rewards
Staking rewards will be given to users who hold a certain amount of LOT in a dedicated wallet or account, incentivizing users to hold on to their LOT for longer.
Advertisements
Due to the large number of high-trading-volume users on League of Traders, various cryptocurrency companies have expressed interest in advertising on the platform. There is always the possibility of discounted rates when these companies use LOT to execute their advertising campaigns on League of Traders.
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