Tigris Trade is a leverage trading platform that offers instant order execution with no price impact with advanced tools like partial closing, margin editing, and guaranteed stop loss for optimal risk management.

Our unique signature-based oracle provides instant price feed to contracts for seamless trading with no callback unlike other trading platforms, which gives the trader the best trading experience with no price slippage and with instant order execution, fastest limit orders, take profit, and stop loss.

The protocol is governed by Tigris Governance NFT holders. Profits from trading fees are paid out to NFT holders in real-time. Governance NFT holders do not have to stake the NFTs to earn, they only need to be held in the wallet.

Earned fees can be claimed through Tigris website or by interacting with the Governance NFT contract directly. Rewards are paid out in Tigris stablecoins. Profits from trading fees are paid out to NFT holders in realtime.

Governance NFT holders do not have to stake the NFTs to earn, they only need to be held in the wallet. Earned fees can be claimed through Tigris's website or by interacting with the Governance NFT contract directly. Rewards are paid out in Tigris stablecoins.

We propose creating an ERC20 token to replace the governance NFTs, allowing for a revenue-sharing model similar to the current NFTs. Having a token instead of NFTs would attract more investors, including small investors, and increase exposure for Tigris.

Each current NFT can be swapped for 1,300 tokens, with a max supply of 10M tokens and a circulating supply of 787,800 tokens, excluding new sale and airdrop tokens.

We propose selling a number of tokens on Camelot or any other presale platform to raise funds for the vaults to increase the maximum OI, treasury, and token LP. This sale would also increase exposure to Tigris and expand the community. We suggest reserving 700,000 tokens for sale at $0.8 minimum and $1.3 maximum per token, with 100,000 of those reserved for whitelisted addresses (NFT holders).

We propose reserving a number of tokens for airdrops to traders to increase trading activity and volume. We suggest reserving 100,000 tokens for airdrops.

Circulating supply will be 2,000,000 tokens distributed as following:

• 787,800 tokens (39.3%) for NFT holders including team and treasury NFTs.

• 700,000 token (35%) for sale.

• 218,196 tokens (10.9%) for team.

• 194,004 tokens (9.8%) for treasury.

• 100,000 tokens (5%) reserved for airdrops.

The sale auction will start with a $8m FDV ($1.6m circ.), with a minimum price of $0.8 per token. Once the auction raises the first $630,240, the price discovery phase begins. During this phase, the price of each token will increase continuously with every purchase made, capped at $1.5.

If the raised amount is less than $1M, $100k will go to token liquidity, and the rest of the funds will be sent to the treasury, funds in treasury can always be added to vaults to increase max OI.

If the raised amount is greater than or equal to $1M, $100k will go to token liquidity, $300k will go to the Arbitrum vault, $200k will go to the Polygon vault, $100k will be for team rewards, and $300k or more will go to the treasury.

This is not an official or a final proposal, it’s meant to be the start of the discussion, all numbers in this article are subjected to change, DAO will discuss more before moving this proposal to a final vote.

24th April: updated with new numbers after DAO discussion on Discord.