OTC White Label Partner Program

Published on: 08.03.2023
OTC White Label Partner Program

Yieldification OTC White Label Partner Program, White Labeling is a product or service produced by one company that other companies rebrand as a product of their own for their consumers to use.

YDF’s OTC Platform is being offered as a service for other crypto projects to utilize without having to invest in creating the technology and infrastructure themselves. As Yieldification launches OTC White Label Partner Program.

What are the benefits?

There are 2 main benefits for participating in YDF’s OTC White Labeling program.

  1. As mentioned above, any crypto project will be able to utilize an OTC Platform without having to invest and build one themselves. OTC has many use cases, some described in our documentation, and bringing this utility to a project benefits both the project and its holders.

How does revenue sharing work?

To start the process, a project owner will visit YDF’s site, connect a wallet and create their customized OTC White Label.

The wallet that creates the OTC White Label will be the referring wallet that receives shared revenue based on the transactions that occur within their created white label.

The revenue share is 100% trustless and sent automatically with each OTC transaction.

Currently, a 1% fee is taken from all OTC transactions.

For Pools, this will be 1% of the paired token of the pool. For instance, if a user creates a pool of YDF tokens and pairs it with ETH for users to exchange ETH for the pooled YDF, then 1% of the ETH used in the transaction will be taken as a fee.

For Packages, 1% of the package’s price will be taken as a fee when the package is sold.

Of the 1% fee, 0.5% is sent to the YDF treasury, and the remaining 0.5% is split between the OTC transaction buy and sell sources.

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About Yieldification

Yieldification offers a unique feature set of NFT utility in addition to real yield generation through perpetual futures trading, NFT marketplace, lending/borrowing of stake NFTs, and much more!

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SOURCE: MEDIUM
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