DTNet stands for "Decentralized Trade Network". It is a margin trading platform where transactions are conducted between anonymous colleagues on the Ethereum blockchain network, without banks, brokers or other intermediaries.
Contents:
DTNet project description
DTNet is a DAO (Decentralized Autonomous Organization) that operates completely autonomously and automatically, with almost zero operating costs. This allows you to waive any of the usual brokerage fees, such as transaction fees, price margins and interest on "borrowed" amounts. The only platform fee - 1% of the profit, it is deducted from the profit to close the contract or the call margin.
Some features:
| Firstly | To trade on DTNet, all you need is a compatible browser (Google Chrome or Firefox) and an Ethereum Metamask add-on wallet. |
| Secondly | DTNet does not require any registrations, you can trade directly from your Ethereum account. |
| Thirdly | When you buy or sell stocks, indices or other financial instruments, you do not have to invest the entire amount of money to make a trade, it is only necessary to guarantee potential investment losses. |
DTNеt is a peer-to-peer platform without intermediaries, it does not gain anything from simply spending unnecessary funds, unlike traditional brokerage firms. One of the founding principles of DeFi (decentralized finance) - "don't trust, check".
DTNet provides links to third party transactions (e.g. Etherscan.io) where you can check smart contract balances, transaction dates, see and check your own DTNet transactions, and so on.
All transactions are peer-to-peer transactions between two parties:
- buyer;
- seller.
At any time, either party can decide to terminate the transaction and realize either profit or loss. To close a contact, simply go to the My Deals page, find the contract you want to close and click the Close button. While instruments are tracked in their native (USD) currency, trading itself is conducted in ETH. This simplifies the process and eliminates unnecessary costs for an ETH / USD conversion. Trading peers invest ETH, positions are held in ETH at the Ethereum smart contract address, and payments are made in ETH.
Additional information
Instead of White Paper and RoadMap documents, the site contains a section with answers to questions, as well as instructions for working. The community has not yet conducted social networks. The smart contract doesn't have an audit.