Decentralized Grid Trading
Decentralized grid trading is a powerful concept implemented on the Ergo blockchain. It allows for automated trading orders while ensuring users maintain control over their funds. Two notable implementations of this concept are the Off the Grid and Machina Finance projects.
Learn more about grid trading on InvestopediaOff the Grid
Off the Grid is a decentralized application (dApp) that builds on the grid trading contract proposed by kushti. It includes an execution bot/batcher for automating order matching without user interaction.
Learn more about Off the GridMachina Finance
Machina Finance is another project on Ergo that is exploring the concept of grid trading. It is developing a decentralized exchange (DEX) that utilizes grid order contracts for peer-to-peer trading.
Learn more about Machina FinanceWhy Grid Trading?
Grid trading enables users to automate buy and sell orders at preset intervals, capturing profits from market volatility while maintaining full custody of their assets. On Ergo, this is achieved in a decentralized, non-custodial manner, leveraging smart contracts and open-source bots.