Locomotive Finance — a decentralized investment platform, offering high returns on stablecoin deposits.
About the Locomotive Finance
Locomotive brings two groups of participants to the platform: investors and traders. Investors invest in the platform and profit, thanks to the best traders. Traders compete to bring high returns to investors by buying and selling cryptocurrencies at the right time.
It also provides an opportunity for talented traders to use their skills and earn money. Investors deposit money from their wallet to the platform. Funds and profits are locked inside the smart contract, and only the investor can withdraw them at any time. The best trades of the best traders are selected by an artificial intelligence algorithm and applied to the funds. The criteria for selecting the best trades include trades that are estimated to bring the highest profit with the least risk.
Other features:
| 1 | In the beginning, most of the deposits will remain in stablecoins. As traders accumulate more history, the platform will start to allocate more funds to their strategies and their trades will be copied into more of the funds. |
| 2 | This also happens when a new trader joins the platform. |
| 3 | It takes some time before they gain trust and the platform starts copying their trades. |
In addition to using trades from traders on the platform, the developers process wallet transactions on public blockchains and feed these trades into an AI algorithm to select the best ones.
More about the work of traders
Traders work to bring high profits to investors. The best traders are selected by the platform and rewarded, based on the following criteria:
- Higher returns: traders who generate more returns consistently for investors are ranked higher.
- Longer history: traders who have joined earlier and have created a longer history have an advantage over traders who have joined recently.
- Less risk: traders who hold funds in less volatile assets are rated higher than risk traders who generate similar returns.
The trades that traders make in the trading tab of the web application are not executed directly with investors' funds. They are recorded in our database and will be used to evaluate the performance of each trader and assign them a rating. When a trader is ranked as the best trader, there is a good chance that their trades will be copied and applied to some parts of investment funds.