OTC

LinxOTC.com is a dedicated over-the-counter (OTC) trading platform within the Linx ecosystem, designed to facilitate secure, efficient, and trustless peer-to-peer (P2P) and OTC trading of digital assets on the Alephium blockchain.

By providing a streamlined interface for high-volume trades, LinxOTC addresses the needs of institutional and retail users seeking to trade large quantities of tokens, such as ETH, ALPH, LINX, or stablecoins, without impacting market prices on decentralized exchanges (DEXs).

Planned for seamless integration into the Linx App, Linx OTC will enhance accessibility, enabling users to manage OTC trades alongside lending, borrowing, and swapping within a single interface.

Key Features

• P2P and OTC Trading: Linx OTC enables direct, high-volume trades between counterparties, bypassing traditional DEX order books to minimize price impact and slippage.

• Non-Custodial Design: Trades are executed via so called atomic swaps, ensuring users retain control of their assets throughout the process. Atomic swaps are an exchange of tokens in a single transaction that only succeeds if both parties sign and hold the required tokens for the swap. A fool proof and custody free way of trading directly without trust issues.

• Fee Structure: A 0.7% transaction fee is applied to OTC trades, with up to 100% of fees allocated to LINX token buybacks on the open market, supporting the Linx ecosystem growth.

• User-Friendly Interface: LinxOTC.com offers an intuitive platform for initiating and managing trades, with plans for deeper integration and faster trading into Linx App for enhanced accessibility.

Planned Integration into Linx App

Linx Labs plans to integrate LinxOTC’s functionality into Linx App, creating a unified platform for DeFi activities, including lending, borrowing, swapping, and OTC trading. This integration will:

• Streamline User Experience: Users will access OTC trading directly within Linx App’s interface, alongside Linx Wallet and DEX Aggregator, eliminating the need to navigate to a separate website.

• Enhance Accessibility: Integration will leverage Linx App’s mobile-first design, enabling P2P and OTC trades on iOS and Android devices with a seamless, chainless experience.

• Simplify Workflows: Users will be able to fund OTC trades from their wallet, convert assets via the DEX aggregator, or use borrowed funds from Linx Lending protocol, all within the same app.

• Maintain Fee Structure: The 0.7% fee and LINX buyback mechanism will remain consistent, ensuring ecosystem benefits are preserved across platforms.

Security and Transparency

• Non-Custodial Design: Trades are executed via so called atomic swaps, ensuring users retain control of their assets throughout the process. Atomic swaps are an exchange of tokens in a single transaction that only succeeds if both parties sign and hold the required tokens for the swap. A fool proof and custody free way of trading directly without trust issues.

• Anonymity: Besides your address, there is no sharing of any other data to be able to trade P2P. You lookup or post trading opportunities and execute the trade, that's it.

• On-chain Transparency: All trades and fees are recorded on the Alephium blockchain, verifiable via the explorer.

Benefits for Users

• Low Price Impact: OTC trading minimizes slippage for large-volume trades, making it ideal for institutional investors, whales, or users executing significant transactions.

• Cost Efficiency: Leveraging Alephium’s scalability, Linx OTC ensures low transaction costs

• Secure Transactions: No-escrow and anonymity combined with atomic swaps delivers a trustless way of trading.

Benefits for the Linx Ecosystem

• Increased Engagement: Linx OTC attracts high-volume traders, driving adoption of Linx Wallet, Linx App, and Lending protocol.

• Protocol Revenue: The 0.7% fee, with up to 100% allocated to LINX buybacks, strengthens the protocol’s treasury and creates deflationary pressure on the LINX token supply.

• Composability: OTC trading complements the Linx DEX Aggregator and Lending protocol, enabling users to leverage borrowed assets or yields for large-scale trades.