[ANN] MANIFESTO - Decentralized OTC Trading — deOTC — TradFi VS DeFi

[MistaPrimeMinista]

MANIFESTO :

For decades, traditional finance (TradFi) has hidden behind OTC trading — a tool designed to conceal trades, manipulate markets, and protect the powerful while ordinary people paid the price. Bitcoin was born out of rebellion against those bankers, and DeFi is the continuation of that fight. But until now, DeFi had no real weapon to counter the exploitative tactics of TradFi — DeFi never had real OTC for the people.

We’re not just building another DeFi project — we’re dismantling the unfair advantage that stocks and TradFi have guarded for decades — and handing that power back to the people of crypto. That alone with Bitcoin community makes us pioneers.

This is bigger than DeFi vs TradFi — it’s about rewriting the rules of finance so fairness is no longer a privilege, but a right.

Imagine if every whale holder of early projects would sell on OTC rather than damage the charts. What would that do to the adoption of crypto?

Get Involved

GitBook Documentation: https://deotc.gitbook.io/documentation

Website: https://deotc.io

[Birkett10]

I've researched this deOTC and seen a lot on socials and heard about what this project is doing and I think it's very much needed, the fact people can sell tokens and it doesn't impact a chart, no guilty and most importantly, investors will get the true valuation of their bags is simply incredible with no slippage, too long people have had there money removed no fault of their own, p2p trading OTC via smart contacts is the way forward in my opinion, I'm looking forward to using this platform, also picking up buys which are available lower then the chart suggests is also a bonus, I ain't sure if it's allowed to state names of projects this deOTC project is involved with, but there is top top projects supporting and backing this, with rumours around shiba inu are close to securing a partnership and that's only one, with a highly decorated dev in the space, I'm watching and loaded up, congratulations in what you built, game changer!

[gluedog]

Congrats on the launch, on-chain OTC could be useful if it's safer than DMs!

A few questions:
Is this atomic swap/escrow smart contract, or any off-chain custodian involved? How are disputes handled?
How is price discovery accomplished? RFQ or orderbook? Do you publish post-trade prints so the wider market isn't flying blind? Any MEV/front-run protections?
How do you vet participants (reputation, staking, KYC options) and block bad actors without "admins"?

[MistaPrimeMinista]

Thanks for your interest and question gluedog.

To answer your questions:

Is this atomic swap/escrow smart contract, or any off-chain custodian involved?
It is peer to peer handled by smart contract, and it is on-chain.

How are disputes handled?
There are no disputes since it is peer to peer, a seller posts a price, and a buyer buys it. The transaction is handled by smart-contract.

How is price discovery accomplished? RFQ or orderbook?
The price is set by the seller, it can be a anything that they want but we show a warning if it is above the market price.

Do you publish post-trade prints so the wider market isn't flying blind?
We show a warning that is telling user if the sale is above or below the market.

Any MEV/front-run protections?
The good thing about peer to peer is that bots have no way of interacting.

How do you vet participants (reputation, staking, KYC options) and block bad actors without "admins"?
Since the sale cannot be corrupted considering it is peer to peer, we don't need to block bad actors.
However there will be a KYC option if someone wants to make a trade for very large sums and the buyer needs reassurance, that is something that sellers and buyers can request.

If you need more details come join us in our community and ask, we will forward your questions to our back-end dev to answer more clearly about the inner workings of the smart contracts.

Thanks for your interest again, we really feel like we are changing crypto.
I think it's really important to the crypto space to have a decentralized OTC place.

That is what traditional finance had for decades, it was a huge advantage.

We need to get this platform known to all projects for crypto adoption and compete with TradFi.