• View in Forum * View in Forum application * Proposal in Astar

Hello, dear Astar Network community, We are Topacio Trade, and we want to be part of your ecosystem. We are excited to introduce the Decentralized Initiative Topacio Trade, which will be part of your ecosystem, incentivizing the adoption and growth of Astar.

Unique Mechanics of the Project:

• NFTs acting as access keys to the platform of specialized trading bots focused on extremes.
• Genesis Event with daily draws: a decentralized contract that releases 1 NFT Gem fragment every 24 hours in a decentralized manner during the first 100 days.
• Native Staking Technology integrated into each NFT, generating a reward token for each holder. Birth of TMINE, which natively and decentralized possesses an aggressive Halving every 6 months, reducing its reward.
• Decentralized Auction Module.
• Decentralized Vault, allowing rewards to be extracted exclusively with Tmine.

In a world where innovation and decentralization are redefining the future, we are proud to present Topacio Trade, a disruptive project that takes functionality and decentralization to an unprecedented level. This project not only promises to transform the way we interact with blockchain technology but also offers a unique and exciting experience for all its participants.

Topacio Trade is based on the development and execution of decentralized bots, putting power and control entirely in the hands of the user. This innovative approach is materialized through precious stones implemented as unique NFTs, which are not mere images but keys to access revolutionary technology.

Initial Phase: The Magic of the Gems

In its initial phase, Topacio Trade implements a decentralized contract that releases one gem every 24 hours for the first 100 days. These gems are randomly distributed among the participants of that day, creating an exciting and fair dynamic. Participation is carried out through the native token of the ASTAR network, ensuring that all users have an equitable opportunity to obtain these valuable gems.

The Power of NFTs

The owners of the NFTs have full control over their assets. These NFTs uniquely and decentralizedly release a reward token called Tmine. This token possesses unique mechanics, including an immutable and aggressive halving every 6 months, reducing the reward. Tmine is necessary for the Crafting function, which allows for the optimization of common fragments. Over time, these fragments can evolve and become the prized Topacio Gem.

Various Rarities and Exclusivity

There are different levels of rarity among the NFTs, with the Epic standing out, of which only 100 unique examples will exist. This exclusivity adds incalculable value to each NFT, turning them into true digital treasures.

Quality and Real Functionality

Topacio Trade is passionately committed to the highest standards of quality, based on real functionality. Every aspect of the project has been meticulously designed to offer an unparalleled experience, combining technological innovation with a clear and ambitious vision.

We invite you to be part of this decentralized revolution. With Topacio Trade, you are not just participating in an innovative project, but also contributing to a future where technology and community come together to create something truly extraordinary.

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We are Topacio Trade and we want to be part of your ecosystem. We want to present the Decentralized Initiative Topacio Trade announced at forum link and here, We want to apply to the UCG grant program, Topacio Trade, which will be part of your ecosystem and foster the adoption and growth of Astar.

Objectives

Total automation of trading-focused logics, under the absolute control of the owner through bots integrated with Web3 technologies.

Future expansion of mechanics to cover the Forex market and stock market, and AI training for optimization, which is currently under development.

Development of an asset that is automatically capable of performing complex flows without the need to depend on a third party, under Blockchain security.

Exposure of the marketplace and auctions in the hands of users, providing real Web3 empowerment.

Events and dissemination of technology and how the implementations provided and supported in Astar, such as zkEVM chains and running in wasm, evaluate the transfer of low oracles (wasm).

Steps for our implementation:

• We plan an airdrop during the event season with different rewards, promoting the dissemination and use of the ecosystem.

• Each NFT can execute a Claim (for extraction of its Tmine); these execute a small fee when each NFT generates Tmine. The fee will be exclusively in ASTAR, transferred to the project’s treasury and liquidity.

• Quarterly events are planned, where a vault containing unique and rare gems will be opened. At each event, extraction will be exclusively with TMINE and ASTAR, alternating the exchange token by event.

• There is also a decentralized auction module where the exchange currency will be ASTAR, allowing NFT holders to place them in a free auction. Through locked bids, any interested user can participate without an intermediary. Within a 24-hour period, the NFT is released, allowing the community to control and establish NFT prices based on what they are willing to pay. At the end of the bidding period, before releasing the NFT, the locked funds of each participant who did not win the auction are returned if they have not yet withdrawn them. Transparently, if their bid or offer was exceeded, the user can immediately withdraw their locked funds.

• In the promotion plan, a daily event is planned. It will be a unique Genesis era that includes a smart contract releasing 1 gem fragment every 24 hours. Participants must hold 10 ASTAR tokens to cover participation, and through an oracle, upon completion of the 24 hours, the fragment is released randomly to any participant registered in the smart contract that day. The collected funds will be allocated to the treasury and events.

• There is an incentive to improve NFTs: a crafting module activated during event seasons, allowing the fusion and improvement of NFTs, such as statistics, luck, and native staking percentage of the NFT, significantly improving their rewards. In this module, 8 NFTs are burned, giving birth to a new improved gem with better statistics than a common one.

Use of Funds

At Topacio, we have nothing to fear or hide, with our heads held high, and no one can point fingers at us in any way. Our team, with high values, is very clear about doing a lot with a little, with what we have at our disposal.

• Expansion of dedicated servers, for a minimum of (2 initial years), with high latency on AWS with 32 GB RAM capabilities.

• dedicated to oracles, crafting, and nodes for analyzing anomalies and price variations.

• dedicated to the microservices layer in different countries and bot processing in the activation of various available logics and scaling to more servers depending on growth.

• Internal and dedicated to training, statistical analysis, logics, and improvements in the current existing mechanics.

• Marketing dissemination, advertising, events, and podcast development to promote the technology and what is being worked on.

• With the liquidity lock, the birth of the TMine token native to the project can begin. Users will be able to participate in staking, supporting the project with stakes in Astar, and can be participants in the rewards of this extraordinary project.

• Expansion of the team with highly skilled talent, improving both the optimization of animations and user experience as well as performance and performance.

Results to Deliver

• Growth and dissemination metrics.
• Performance and progress of the logics trained in the bots.
• Early access to the rarities of Topacio NFTs.
• Launch of the Marketplace.
• Launch of the auction module.
• Publication of expansions.
  

Team members:

• Julio Vinachi CEO & Founder (Senior Developer)
  Developing products and services since 2009
• Melisa Suárez Co-Founder (stock market analyst)
• Gerardo Meléndez (stock market analyst)
• Manuel Reyes (Community Manager)
  Ambassador of Web3 technologies

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Oficial Portal https://www.topacio.link
Doc https://docs.topacio.link
Follow Us

• Twitter/x https://x.com/TopacioTrade