Filament is the Perpetual DEX built for degens. Culture-inspired Trading Guilds will be a crucial component of Filament's Perp DEX - a guild of users trading on the narratives, memes, and tokens that are most culturally aligned with them. We initially started with NFT collections as the index of users who are aligned to a particular ecosystem but as we developed further on the concept we have learnt that there are multiple other avenues such as stakers, power users of a certain complimenting application, and ecosystem contributors (developers, ambassadors etc).
We share our intial thoughts on the culture-inspired trading guilds here: https://x.com/FilamentFinance/status/1755926824922886498
Key Pointers for Trading Guilds:
- Trading guilds are collectives of individual users, the individuals earn POINTS when they trade on Filament testnet and the cumulative points of the guild members represent the score of the respective guild.
- The winning guild (the guild with the most POINTS at the end of the competition) will share a huge pool of additional POINTS shared among the guild members based on the individual POINTS to the collective POINTS ratio.
- POINTS are more than just an redemption for airdrop - The users with POINTS will also get fee rebated based on the POINTS tier on the mainnet (going live in June). Additionally, pre-governance the top Guilds will be able to propose new markets on the Filament Community forum.
- The top three guild will be the first to be invited to create strategy vaults on Filament's Perp DEX (tentative launch May 2024). Strategy vaults are in-protocol market-making vaults that allow an individual, a collective or an institution to run their own strategies on a particular or all markets.
- At the start of the testnet, there will be multiple guilds. Out of all guilds, only the top 10 guilds will be retained on during the capped launch - this is to incentivise the most active guilds.
- After the testnet, the guilds can open up slots for all members and new members can join. A percentage of the total fee earned through the trading activity of the guild members will be translated into incentives for the top 5 guilds. This incentivises the top guilds and its members for their activity on the platform.
- And of course, each guild gets the visibility and ability to demonstrate their dominance through the platform - a great way to get the community activated for a common goal.
- The top 3 guilds will also share the pool of Filament Supernaturals (NFT collection by Filament) when they drop - expecting them to drop in June.
Potential Ways to Create Trading Guilds:
- NFT Collections
- Native Stakers
- Validator Communities
- Trader Groups and Communities