Social Trade
Social Tradeβ
Traditional decentralized trading incentives are not sustainable due to the lack of aβ positive externality", in which most dexes with trading incentives rely on the token emission of the project itself, which puts the trading volume and token price in a death spiral.
A new model of "decentralized social rebate protocol" with "positive externality" based on the social network can be proposed: User Ashares information about tokens to User B through the protocol, and after User B completes the transaction, a part of the fee is sent directly through the protocol to User A. This model has a " positive externality" because the input of value does not depend on the token of the protocol but on the information provided by User A. Based on the economic man principle, User A will continue to input information into the protocol since sharing the information is self-rewarding, thus putting the decentralized trade incentives into a positive flywheel phase.
