League of Traders is a social trading platform that allows users to track and compare the performance of top traders across multiple major exchanges. The platform provides access to publicly shared portfolios, enabling users to view trading activity, asset allocations, and performance metrics of leading traders. In addition to portfolio tracking, League of Traders offers a copy trading feature, which allows users to automatically mirror the trades of selected traders. The platform aims to enhance transparency and accessibility in trading by offering a data-driven social experience.
Holding LOT tokens provides access to portfolio insights, platform discounts, reduced copy trading fees, and eligibility for events including live trading streams and other features. The Social Staking model combines the standard Proof of Shares (POS) framework with Proof of Community (POC), which factors in the engagement and reach of a user’s network when calculating rewards. Additionally, LOT Beacon allows traders to select a token pair, apply a corresponding trading signal sourced from the League of Traders user base, and choose between manual or automated trading on either centralized or decentralized exchanges. This approach removes the typical constraints found in standard copy trading, such as exchange compatibility and user-based limitations.
