X Venture
Venture System Documentation for TickLab.IO
Overview
The Venture System at TickLab.IO is designed to foster community collaboration and talent discovery by allowing users to fund the accounts of quant workers. This system encourages a profit-sharing model between users (investors) and quant workers, promoting the development of high-quality trading strategies and enabling the community to benefit from successful trades.
Key Components
User (Investor) Role
Funding Accounts: Users can choose to fund the trading accounts of selected quant workers.
Profit Sharing: Investors receive a share of the profits generated by the quant workers they fund.
Monitoring: Investors can monitor the performance of the strategies they have funded in real-time.
Quant Worker Role
Account Funding: Quant workers can receive funding from users, TickLab and community to run their trading strategies.
Profit Sharing: Quant workers share a portion of the profits with the investors and community who funded their accounts.
Strategy Development: Quant workers engage with the TickLab SDK and E.D.I.T.H. with monitor their strategies too to reward them.
Community Role
Voting on Strategies: The community participates in voting on strategies proposed by quant workers.
Profit Sharing: The community receives a share of TickLab’s profits and the profits from quant workers.
Staking Tokens: Community members can stake tokens to gain voting rights, share profits and losses, and take on responsibility within the platform.
Liquidity Management: The community can vote to raise or lower the liquidity available to quant workers.
Funding Opportunities: Community members can connect with quant workers to get funded for their own projects.
E.D.I.T.H. Integration
Strategy Optimization: E.D.I.T.H. assists in optimizing trading strategies.
Risk Management: E.D.I.T.H. provides detailed risk assessments to help quant workers manage and mitigate risks.
Ranking System: E.D.I.T.H. ranks quant workers and their strategies, helping investors and the community make informed decisions.
Workflow for Venture System
Investor Participation
Explore Quant Workers: Investors browse through the list of quant workers and their proposed strategies.
Fund Accounts: Investors select the quant workers they wish to fund and allocate funds to their accounts.
Monitor Performance: Investors monitor the performance of the funded strategies in real-time.
Profit Sharing: Investors receive a share of the profits based on the performance of the funded strategies.
Quant Worker Participation
Submit Strategy Proposal: Quant workers submit their trading strategy proposals for funding.
Receive Funding: Quant workers receive funding from investors to develop and test their strategies.
Develop and Test: Quant workers use the TickLab SDK and E.D.I.T.H. to develop, test, and optimize their strategies.
Profit Sharing: Quant workers share a portion of the profits with the investors who funded their accounts.
Community Participation
Staking Tokens: Community members stake tokens to gain the right to vote and share in profits and losses.
Voting on Strategies: Community members vote on strategies proposed by quant workers to ensure transparency and quality.
Liquidity Management: Community members vote on adjusting the liquidity available for quant workers.
Profit Sharing: Community members receive a share of the overall profits from TickLab and successful quant worker strategies.
Connecting with Quant Workers: Community members can propose their own projects and seek funding by connecting with quant workers.
Profit Sharing Model (no % of profit sharing done for now )
below number are just ana example
Investor's Share: A percentage of the profits generated by the quant worker's strategy is shared with the investors. 5%
Quant Worker's Share: The remaining profits are retained by the quant worker. 45% and 40% for ticklab
Community's Share: The community receives a portion of TickLab’s overall profits and profits from successful quant worker strategies. 10%
Performance Metrics: Profit sharing is based on performance metrics such as ROI (Return on Investment) and risk-adjusted returns.
Community Validation
Voting System: Community members vote on the strategies proposed by quant workers.
Feedback Mechanism: Quant workers receive feedback from the community to improve their strategies.
Transparency: The voting and validation process ensures transparency and accountability.
Benefits
For Investors:
Diversified Investment: Opportunity to invest in multiple strategies and diversify their portfolio.
Profit Potential: Potential to earn profits by funding successful quant workers.
Monitoring: Ability to monitor the performance of funded strategies in real-time.
For Quant Workers:
Funding Opportunities: Access to funding from TickLab up to millions.
Profit Sharing: Opportunity to earn profits by sharing a portion with investors and the community.
Community Support: Engagement with the community for feedback and validation of strategies.
For the Community:
Profit Sharing: Share in the overall profits from TickLab and successful quant worker strategies.
Voting Rights: Influence the development and validation of trading strategies through voting.
Stake Tokens: Stake tokens to gain voting rights and share in profits and losses.
Funding Opportunities: Propose and seek funding for their own projects by connecting with quant workers.
Tables and Bullet Points
Investor Workflow
Sign Up
Create an account on TickLab.IO.
Complete KYC/AML
Complete the necessary verification procedures.
Browse Quant Workers
Explore quant workers and their strategies.
Select Quant Worker
Choose a quant worker to fund.
Allocate Funds
Transfer funds to the quant worker's account.
Monitor Progress
Track the performance of the funded strategy.
Receive Profit Share
Earn a share of the profits based on strategy performance.
Quant Worker Workflow
Submit Proposal
Submit a strategy proposal for funding.
Develop and Test
Use TickLab SDK and E.D.I.T.H. to develop the strategy.
Optimize Strategy
Optimize the strategy with E.D.I.T.H.
Implement Strategy
Execute the strategy in the live market.
Receive Funding
Obtain funding from investors and the community.
Share Profits
Distribute a portion of the profits to investors and the community.
Community Workflow
Stake Tokens
Stake tokens to gain voting rights and share in profits.
Vote on Strategies
Participate in voting on quant worker strategies.
Adjust Liquidity
Vote to raise or lower liquidity for quant workers.
Receive Profit Share
Share in TickLab’s overall profits and profits from successful strategies.
Propose Projects
Connect with quant workers to seek funding for own projects.
Key Benefits
Investors:
Diversified investment opportunities.
Potential for high returns.
Active role in monitoring strategy performance.
Quant Workers:
Access to community and investor funding.
Collaborative strategy development.
Profit-sharing incentives.
Community:
Share in overall profits.
Voting rights for strategy validation.
Opportunities for proposing and funding own projects.
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