BTS Marketplace

The ERC-BTS Marketplace operates similarly to an NFT auction platform, allowing any BTS creator or holder to list their ERC-BTS token for sale. Acquiring an ERC-BTS token presents several advantages, as its holder gains both management rights and a revenue stream generated by the BTS token. This revenue stream includes management fees and a portion of trading fees if the fund's BTS LP tokens are actively traded on the HiveX.

Each fund listed on the marketplace provides potential buyers with key information, enhancing transparency in the transaction process. The displayed details include Profit/Loss, Decentralized (DAO)/discretionary classification, underlying assets, and the management annual revenue stream.

ERC-BTS owners have the flexibility to set a starting price and reserve when listing their tokens for auction, along with a "buy-it-now" price for immediate purchase. Buyers can utilize the "make-an-offer" button if they wish to propose an offer lower than the specified "buy-it-now" price. Sellers determine the duration of the auction and can include a blurb describing their fund, providing additional information to attract potential buyers. Importantly, all sales on the ERC-BTS marketplace are final, as settlement occurs on-chain, ensuring transparency and finality in the transaction process.