Introduction and Highlights

Introduction

Storm Trade is the first social-fi derivatives platform on Telegram, built on the TON blockchain, enables trading with up to x50 leverage. Backed by the TON Foundation and incubated by Tonstarter, Storm is poised to onboard the next 10 million DeFi users.

Key Highlights

  • Advanced Trading Opportunity: Leverage up to x50, instant price updates, crypto, commodity, stock and forex trading pairs with collateral in TON and USDT.
  • High Yield Liquidity Provision: Single-token liquidity pools earning 70% of the protocol's fees with high annual returns.
  • Social-Fi Mechanics: Direct integration in Telegram, squads trading tournaments, NFT collections, copytrading and other viral mechanics for better community engagement.
  • User-friendly interface: Familiar interface in the best traditions of trading DEXes with TradingView graph.
  • Security: Full decentralisation and advanced security protocols to keep your funds safe.

Product

Social-first derivatives platform with up to x50 leverage on Telegram.

Problem

  • DEX'es are hard to onboard; in futures they only have 1.5% of volume.
  • Many traders get their trading knowledge from the KOL's at TG. This usually takes a lot of time and can be challenging to connect to the exchange and start trading.

Solution

  • Together with Telegram integration Storm Trade makes access to trading as easy as possible, making trading not boring through social-fi mechanics.
  • Storm Trade streamlines and speeds up the process of going from KOL’s post on Telegram to opening an exchange and starting trading immediately.

Business Model

The business model of $STORM token is centred around the protocol's revenue sharing function. 30% of all fees collected from trading will be distributed to all token stakers. The higher the trading volume of the protocol, the higher the profit received by the token's stakeholders.

Investors

TON Ventures (former TONCoin.fund - leading ecosystem VC in TON), Sky9 Capital, Blackdragon, JRR Capital, CSP DAO, Yolo Investments, Gotbit, and other Tier1 Investors.

  • TONcoin Fund
  • Yolo Investment
  • Blackdragon
  • Sky9 Capital
  • CSPDAO
  • JRRCrypto

Partners

Cointelegraph, Gotbit, Toncoin.Fund, Pyth Network, Tonstarter, and other Tier1 Partners.

  • Cointelegraph
  • Tonstarter
  • Gotbit Hedge Fund
  • PYTH

Marketing Strategy and Key Opinion Leaders (KOLs)

  • Go-to-market strategy consists of emphasising the revenue sharing mechanics of the protocol, partnering with KOLs, PR marketing, community activities in the whitelist campaign and distribution of the unique NFT collection with strong utility.
  • KOLs: Daan Crypto Trades, Hanzo, Joker, TraderLenny, 0xTodd, EllioTrades, and other Tier1 KOLs.
  • 0xTodd's avatar0xTodd
  • Hanzo's avatarHanzo
  • Joker's avatarJoker
  • Daan Crypto Trades's avatarDaan Crypto Trades
  • TraderLenny's avatarTraderLenny
  • EllioTrades's avatarEllioTrades

Team

The Storm team is made up of twelve skilled members with a wide range of expertise with 4 core contributors:

  • Andrew's avatar

    Andrew

    COO

    Optimising trading and DeFi strategies from 2020 with 30%+ APR.
  • Slava's avatar

    Slava

    Dev

    A proficient smart contract developer with multiple TON Contests awards.
  • Tim's avatar

    Tim

    CTO

    ex. CTO at perps startup Tsunami.exchange, over 5 years exp. technical leading DeFi projects.
  • Denis's avatar

    Denis

    CEO

    in crypto since 2019, ex. DeFi development studio funder, 15+ projects for clients, MBA degree.

Tokenomics

Tokenomics diagram: 33.8% Marketing, 36.2% Investors, 15.0% Team, 10.0% Liquidity, 5.0% Advisors, 1,000,000,000 Total $STORM Supply

Token Utility

  • Staking. All token stakers will receive a part of the trading fees collected. Fees on Storm Trade are taken when opening and closing a position, funding payments, rollover payments and liquidations. It turns out that the amount of fees is directly correlated with the daily volume of trades in the protocol.
  • Rewarding. Tokens will be used as rewards for winning trade tournaments, participating in squads, inviting friends and more.
  • Product. Token is used in PoS Consensus of Decentralized Execution Network (to be built in future).

The deflationary mechanics of the token will be based on locking tokens when they are sent to staking. Staking will reduce the number of tokens on the market, offering high returns from trading fees collected by the protocol.