Features

Core Features of Banyan:

1. Real-time Trade Viewing and Copying Based on Social Graph

Banyan leverages social networks including Farcaster, X, and Lens to offer users unprecedented trading transparency and learning opportunities:

• View Trades of Followed Users: Users can see the real-time trading activities of the people they follow on social platforms. This provides valuable insights, allowing users to understand the strategies and decisions of trusted traders.

• Browse Trades Across Community: Beyond followed users, Banyan allows users to browse trading activities across multiple social communities. This offers a broad perspective for discovering new trading ideas and strategies.

• Simple Copy Trading Functionality: Banyan provides an intuitive copy trading feature, allowing users to easily follow in the footsteps of successful traders. This serves as a valuable learning tool for beginners and an effective investment strategy for experienced traders.

1. Earning Mechanism for Copied Trades

Banyan not only provides opportunities for learners but also creates an additional income stream for successful traders:

• Fee Sharing: When a user's trade is copied by others, the original trader receives a portion of the trading fees as a reward.

  • 0.4% is allocated to the user whose trade was copied, serving as a reward for their successful strategy.

  • Another 0.4% goes to the platform to support ongoing operations and development.

• Incentivizing Quality Trades: This mechanism encourages traders to share their strategies and insights, fostering knowledge sharing and growth across the entire community.

• Building Trust and Reputation: Through this transparent earning mechanism, successful traders can build their reputation and follower base on the platform.

Through these two core features, Banyan creates a vibrant social trading ecosystem. It not only provides opportunities for users to learn and grow but also offers an additional income source for successful traders, forming a positive cycle that drives the development and prosperity of the entire community.