Description
Mercor Finance is a decentralized platform innovating the algorithmic trading market by enabling retail investors and ordinary traders the opportunity to engage with algorithmic trading strategies that have been traditionally exclusive to hedge funds and institutional investors. It operates on the Binance Smart Chain, ensuring transparency and security through blockchain technology. The platform facilitates a symbiotic relationship between developers and investors: developers can create, backtest, and deploy trading algorithms on the Mercor platform, whereas investors can explore and invest in these sophisticated trading strategies, lowering the entry barriers prevalent in algorithmic trading. Mercor uses a unique development environment designed to support the creation of AI-based algorithms, providing developers with tools, computational power, and resources such as the Mercor Academy for education, pre-made functions, and APIs. Through the platform, developers can earn from their algorithms based on their performance, AUM, and set commission rates, paid in Mercor Tokens (MRCR). This ecosystem not only serves to democratize access to algorithmic trading but also encourages in...
Mercor Finance is a decentralized platform innovating the algorithmic trading market by enabling retail investors and ordinary traders the opportunity to engage with algorithmic trading strategies that have been traditionally exclusive to hedge funds and institutional investors. It operates on the Binance Smart Chain, ensuring transparency and security through blockchain technology. The platform facilitates a symbiotic relationship between developers and investors: developers can create, backtest, and deploy trading algorithms on the Mercor platform, whereas investors can explore and invest in these sophisticated trading strategies, lowering the entry barriers prevalent in algorithmic trading. Mercor uses a unique development environment designed to support the creation of AI-based algorithms, providing developers with tools, computational power, and resources such as the Mercor Academy for education, pre-made functions, and APIs. Through the platform, developers can earn from their algorithms based on their performance, AUM, and set commission rates, paid in Mercor Tokens (MRCR). This ecosystem not only serves to democratize access to algorithmic trading but also encourages in...
