FAQs
General Questions
What is Repo.trade?
Repo.trade is a platform that enables GitHub repositories to be tokenized, creating a new economic model for open-source development. While billions flow into open source, individual contributors typically receive pennies. Repo.trade changes this by letting developers tokenize their repositories so anyone can support and trade them.
How does Repo.trade work?
Repositories go through a process of tokenization, auction, claiming, and trading. First, users pick a repo to support. Then they participate in a 2-week auction by sending USDC, after which they can claim tokens proportional to their contributions. Finally, tokens become tradable with fees going directly to repository owners.
Which blockchains does Repo.trade support?
Currently, Repo.trade is built on the Solana blockchain due to its speed, low costs, and developer-friendly ecosystem.
For Repository Owners
How do I submit my repository?
You can submit your GitHub repository by contacting us directly at info@repo.trade or by DMing us. We'll discuss your repository's needs and goals, and guide you through the tokenization process.
What percentage of fees do I receive?
Repository owners receive 50% of all trading fees generated by their repository's token, creating a sustainable source of funding. The remaining 50% goes to the protocol for ongoing development and maintenance.
How do I verify ownership?
Ownership verification happens through GitHub authentication, ensuring that only legitimate repository owners can claim their tokens and fees.
For Supporters
How do I participate in an auction?
During the 14-day auction period, you can contribute USDC to receive a proportional share of the day's token allocation. Each day, 35.7M tokens (out of the total 500M being auctioned) are distributed based on your contribution relative to the total contributions for that day.
What is the minimum contribution?
There is no strict minimum, but gas fees and other factors may make very small contributions impractical.
How are tokens distributed?
50% of tokens (500M) go to auction participants over the 14-day period, 40% (400M) go to the repository owner plus collected USDC to seed the initial liquidity pool, and 10% (100M) are held in reserve for rewarding GitHub contributors and ensuring long-term growth.
Technical Questions
What is the tokenomics model?
Repo.trade uses a bonding curve model with a Constant Product Automated Market Maker (CPAMM) following the formula x*y=k.
How are prices determined?
Initial price discovery happens during the auction phase. After that, the automated market maker determines prices based on supply and demand, following the constant product formula.
Is Repo.trade audited?
Yes, all smart contracts are thoroughly audited by independent security firms before deployment.
Support
Where can I get help?
Join our community on Telegram (t.me/repotrade) or reach out to us on X (@repo_trade). Our team and community members are ready to assist you.
How do I report issues?
Technical issues can be reported through our GitHub repository or by emailing us directly.
Can I contribute to Repo.trade?
Yes! Repo.trade is a community-driven project, and we welcome contributions from developers, designers, and content creators.