Introduction
Runbot offers you the possibility to monetize your trading knowledge and your strategy creating skills. You are an experienced trader, an excellent strategy builder? Or you simply don’t have much capital to invest but a lot of time? Runbot NFTs are for you.
Once you are done backtesting and creating your strategy on Runbot.io, simply mint it on the NFT Runbot page. Only available on the Arbitrum network for now.
How to mint your Strategy NFT
You’ll have different parameters to choose when creating your NFT:
- Do you want to share the parameters/source-code of the strategy?
— If Yes: the holder of the Open-Source NFT can see what are the exacts parameters of the strategy, how it is build and all the features. He can edit & copy the strategy. The holder can use the strategy as long as he wants, the NFT will never expire. There is no limit usage period.
— If no: the parameters are private, the holder of the Rental NFT can not copy or edit your strategy, he can only execute it and receive alerts. For Rental(private) strategies, you are only able to choose 1 type of usage period: limited.
- Limited Rental time: The Rental (private) NFT will expire after the specified time.
For example, you can mint a Strategy NFT with a 6 months period of use. As soon as the NFT is sold, the countdown begins. Once it expires, the holder can no longer use the strategy.
Please note, Open-source NFTs can not support the limited rental feature.
The mint price per Open-Source NFT is 0.01 ETH, you can earn discounts if you mint multiple NFTs of the strategy at the same time, up to 30%. The mint price for Rental NFTs depends of their Rental time, it starts at 0.004 ETH up to 0.02 ETH for the maximum period.
If your strategy is using a Community Indicator, please refer to this article for specific details.
NFT Runbot collection fees
For each new transaction of the NFT a minimum base fee will be necessary (0.01 eth for Open-Source NFTs, and between 0.004 up to 0.02 ETH for Rental NFTs) or a 10% fee of the sale price.
The maximum of the base fee or the percentage fee will be applied. This fee will help to prevent the creator of the strategy to be short-cut by speculators.
If you want to transfer your NFT for free (only blockchain fees), between two of your wallets and don’t apply any collection transfer fee, use the transfer dedicated box in this page.
How to use your Strategy NFT
Holding a Strategy NFT will give you the right to use the strategy, to do so, import it directly to your Runbot account on the Metamask connection Box.
Join our official Discord if you need any help!
