# Introduction Tigris is a decentralized synthetic leverage trading platform on Arbitrum, Meter and Polygon that allows anyone to trade crypto, forex, and commodities directly from their wallet. {% content-ref url="/pages/Rr0fH6LsbxDFVlS91qWX" %} [Listed Pairs](/tigris/listed-pairs) {% endcontent-ref %} Asset prices are sourced through a [powerful oracle system](/tigris/oracle) powered by [Pyth](https://pyth.network). \ Thanks to our architecture, all orders are instantly executed at the exact selected price with no slippage. {% content-ref url="/pages/9UsyfQoH65GxoZqBPAxQ" %} [Oracle](/tigris/oracle) {% endcontent-ref %} On top of regular orders, Tigris features the possibility to add and remove margin, open a position on top of another and to partially close positions. {% content-ref url="/pages/ZEcfVKBkMVuAPtoBMUul" %} [Fees and trading guide](/tigris/fees-and-trading-guide) {% endcontent-ref %} Liquidity for traders is provided through Liquidity Tokens, the protocol own tokens that can be staked to receive 30% of trading fees. {% content-ref url="/pages/6NTtvwIzqTnr7dcEjmJ1" %} [Trading Liquidity](/tigris/trading-liquidity) {% endcontent-ref %} 70% of trading fees and governance power is distributed to staked TIG. \ TIG is fairly launched and distributed with no private deals or VC raises. {% content-ref url="/pages/T7TbCPMcY7frH5KVNTYe" %} [TIG and Governance](/tigris/tig-and-governance) {% endcontent-ref %} Anyone can create a Referral and start earning 10% on trading fees as rebates. {% content-ref url="/pages/HUtC17Hr8dwoT4ThjFmP" %} [Referrals](/tigris/referrals) {% endcontent-ref %} Limit orders and liquidations are performed by execution bots. Anyone can run it to earn fees. {% content-ref url="/pages/hjQqzD46P9QNuyJLyZ7d" %} [For Developers](/tigris/for-developers) {% endcontent-ref %} # Quick links Website: [tigris.trade](https://tigris.trade) \ Twitter: \ Discord: \ Telegram: \ Debank: [https://debank.com/official/TigrisTrade/](https://debank.com/official/TigrisTrade/stream)\ Snaphot: [https://gov.tigris.trade](https://gov.tigris.trade/#/)\ Medium: \ Github: [https://github.com/Tigris-Trade](https://github.com/Tigris-Trade/jsbot)\ Reddit: [https://www.reddit.com/r/TigrisTrade](https://www.reddit.com/r/TigrisTrade/) \ Dexscreener: Trading stats: \ Liquidity stats: \ TIG stats: Main Audit: \ tigUSD Audit: \ Options Audit: \ xTIG Audit: [https://github.com/bytes032/portfolio/blob/main/Audits/tigris-xtig.md ]() Gov NFT -: \ Gov NFT -: \ Alternate IPFS link [https://tigristrade.eth.limo](https://tigristrade.eth.limo/) # First time trading on-chain Trading setup Tigris is a decentralized trading platform live on [Arbitrum](https://arbitrum.io/), [Meter](https://meter.io/) and [Polygon](https://polygon.technology/home). You don't need to register an account to use the platform.\ In order to trade, you need a personal crypto wallet with some funds on it, as blockchains require the user to pay a variable amount in gas to execute any transaction. \ You can use the following tokens as trading collateral: | Blockchain | Gas Token | Trading collateral | | ---------- | --------- | ------------------ | | Arbitrum | ETH | USDT, WETH | | Meter | MTR | USDC, MTRG | | Polygon | MATIC | DAI | ## Wallet If you're trading from your personal computer, the best wallet you can use is [Rabby](https://rabby.io/) (recommended for Ledger/Trezor users). \ There are also a lot of other wallets available like [Frame](https://frame.sh/), [Metamask](https://metamask.io/) or [Rainbow](https://rainbow.me/).\ If you're trading from your phone, any wallet like Trustwallet, Metamask or 1inch will work just fine. ## Bridging If you are not familiar with Arbitrum or Polygon, and can't move funds to it by CEX, you can bridge (move tokens from one chain to another) to either of them by using [Bungee](https://www.bungee.exchange). For Meter is available. ## Proxy wallet The Proxy Wallet is a **separate** wallet which makes possible to use the platform without needing to confirm every trading transaction. **The proxy wallet only stores ETH or MATIC in order to pay for gas fees. All funds used for trading always remain inside the user's wallet.** You are the sole person with access to the proxy wallet's private key, which is stored locally in your browser's cache. The proxy wallet is not a smart contract, and it's coupled to your address. You can access it on any device or browser by connecting with the same address. ## Funding the proxy wallet Open [Tigris](https://app.tigris.trade) and connect your wallet. With gasless mode off you will have to deposit some gas in the proxy wallet: * 0.0015 ETH on Arbitrum, * 2 MTR on Meter, * 5 MATIC on Polygon. The balance of the proxy wallet is shown next to the network selection dropdown.
After having funded and approved the proxy wallet, you will be asked to approve the token used for trading. You are now ready to trade with leverage. ## First trade Select a pair and open a position (more info in the [trading guide](/tigris/fees-and-trading-guide)). After closing your trading, your balance +/- your profit (PnL) will be paid out in Liquidity Tokens (tigUSD or tigETH). \ To swap it back head over to the [Vault ](https://app.tigris.trade/vault)page. There is no fee on swapping. # Fees and trading guide
Asset classOpening ClosingIf referred
Commodities0.05%0.05%0.045%
Forex0.01%0.01%0.009%
Crypto Tier 10.05%0.05%0.045%
Crypto Tier 20.075%0.075%0.06875
Crypto Tier 30.09%0.09%0.081%
Crypto Tier 40.12%0.12%0.108%
[Listed Pairs](https://docs.tigris.trade/tigris/listed-pairs) ### Trading features: * All open trades are minted as NFTs * Leverage:\ Commodities: 2x - 100x\ Crypto: 2x - 150x \ Forex: 4x - 500x * Zero settlement time * **Guaranteed** Market Order prics * **Guaranteed** Take Profit and Stop Loss price * **Guaranteed** Limit Order price * No price impact * No slippage * Option to add and remove margin * Option to open a position on top of another * Option to partially close positions * Chart trading * Click trading ### Limitations: * Minimum trade size is $500. * All pairs have a [spread](https://docs.tigris.trade/tigris/fees-and-trading-guide/spread) calculated as {% code overflow="wrap" %} ``` spread = -spreadApproaching * (relativePriceDifference) ** curveAmplification + spreadApproaching curveAmplification = 60; spreadApproaching = 0.002; ``` {% endcode %} * Maximum PnL is +500%. The trade won't be closed unless the user sets a Take Profit order or closes the position manually. * Stop order prices are not guaranteed. * A trade can't be closed until 7 seconds after opening have passed. # Opening a trade To open the Pairs panel, click on your current ticker. Select a pair you want to trade. \ Assets are separated in categories and you can use the search bar to easily find a pair.
Click on 'Long' or 'Short' depending on which side you would like to open a position on. After selecting, use the slider or type in the margin you want to pay and the leverage you want to use. \ The margin slider will travel from 5 to the token balance in your wallet.\ In the below example 50 USDT are being used to open a 50x LINK/USD long position of size $2500.
The chart will show your Liquidation, Take Profit (TP), Stop Loss (SL) prices and Profit and Losses (PnL) amounts. To edit your SL and TP you can either use the slider, click on the chart or manually input the price. SL slider travels from 0% to -90% while TP slider goes from 0% to 500%. Is not possible to set up a TP for more than 500% profit.
Select the token you want to use to open your position.
Click on the Long button to open the trade. You will see the confirmation in the top right of the screen. Your opening price will be displayed on the chart by a blue line.\ **The order is instantly executed the moment you click the 'Long' button.** \ **There is no price impact or slippage.**
Opening and closing fees are 0.10% on commodities and crypto pairs and 0.02% on forex.\ There is also a Funding Fee that is either paid or received every second based on open interest. The hourly funding rate is shown in the pairs info bar. # Spread To protect liquidity providers each pair has a dynamic spread, based on short-term price volatility using the 10min SMA indicator. Spread is calculated as: {% code overflow="wrap" %} ``` spread = -spreadApproaching * (relativePriceDifference) ** curveAmplification + spreadApproaching curveAmplification = 100; spreadApproaching = 0.004; ``` {% endcode %} `curveAmplification` is an arbitrary value that determines how sharp the curve is;\ `spreadApproaching` is the spread % at maximum price difference between current price and x minute SMA. \ \ This formula makes the spread react instantly to big price movements while allowing a small spread during periods of low volatility. The spread value is shown in the pairs info bar above the chart.
You can also see the spread in the price chart as the BID and ASK prices. Longs open at ASK while shorts open at BID.
# Funding Fees When opening a trade funding fees are shown in the pairs info bar above the chart.
Every block, the trades with more open interest pay the trades on the opposite side proportionally to their size. \ If there is no one on the other side of your trade the funding fees will be detracted from your PnL and sent to the trading vault. Funding fees are calculated as: {% code overflow="wrap" %} ``` Annual XSideOiFunding% = (XSideOi-YSideOi)*baseFundingRate%/XSideOi If negative: XSideOiFunding% = XSideOiFunding%*(100%-VaultFunding%) ``` {% endcode %} By clicking the Edit button in My Open Position tab you can check how much you have paid or received.
Funding rate for each pair can be found in [Listed Pairs](/tigris/listed-pairs). # Closing a trade You can find your open positions under the price chart. To close your position at market price click on the "Close" button.
The moment you click the "Close" button, the trade will instantly close. During execution, a blue line shows the exact price the trade is being closed at.\ **Your PnL will be paid out in tigUSD. You can swap your tigUSD to other stables in Vault page.** # Limit and Stop orders You can use Limit and Stop orders to capitalize on future market movements.\ \ **Limit Order:** can be used when you want to go long at a lower price than present, or to go short if the price reaches a higher price than present. \ Executes at exact price set. **Stop Order:** can be used when you want to go long if the price reaches a higher price than present, or to go short if the price reaches a lower price than present. \ Please notice: * Stop orders can't be opened when a pair is closed. * Stop order price is not guaranteed. To execute an order click on "LONG" or "SHORT" depending on which side you would like to open a leverage position on. After selecting your side, choose either "LIMIT" or "STOP" .\ You can type in the price you want your order to execute at or select it by clicking on the chart.
The order will appear as a blue line on the chart and in "MY LIMIT ORDERS" section under the chart. The order will be instantly executed when market price reaches the order price. A small pop up will appear on the top right corner on the screen.
# Take Profit and Stop Loss You can decide to not use a Take Profit or Stop Loss orders. If you don't, your trade will be liquidated if the market price hits your liquidation price and it **won't** close if the PNL reaches 500%.\ \ When opening a position you can either use the slider, click on the chart or type in the price to select your SL and TP orders.
After opening a position the TP and SL orders will appear on the chart as well as in "MY OPEN POSITIONS" section. There are multiple ways to add, edit and remove TP and SL orders: * From the open positions section: select TP or SL and click on the chart. * From the chart: Click on the TP or SL line and drag it up or down. * From the open positions section: type your desired price and hit Enter.
You can also use the Edit modal: Click the "Edit " button and in the pop-up window write your desired price then click "Apply".
# Partially closing a trade You can find your open positions under the price chart. To partially close your position click on the "Edit " button.\ In the pop-up window type in the "Partial Closing" section the percentage of the position you want to close.
Use the drop down menu to choose what stablecoin you want to receive after partially closing your position. Once you have set your parameters click the "Close Position" button.
# Opening a position on top of another one To open a position on top of another one click on the "Edit " button. In the pop-up window type in the "Add to position" section the amount you want to pay.
Opening a new position on top of another will not change your current leverage but your position size will grow. \ If you're adding to a long trade, your opening price will be higher and your liquidation price will be lower.\ If you're adding to a short trade, your opening price will be lower and your liquidation price will be higher. Use the drop down menu to choose what stablecoin you want to use to open a new position on top of the other. You can use a different asset from the one used to open the trade.\ Once you have set your parameters click the "Open" button.
# Adding margin to an open position There are two ways to add margin to an open position: **1) From the chart** Grab the Liquidation line and move it to add margin. \ If you're adding to a long trade, move the line down. \ If you're adding to a short trade, move the line up.\ Adding margin to an open position will lower your current leverage while your position size will remain the same.
**2) From the Edit modal** To add margin to your position click on the "Edit " button. \ In the pop-up window select "Add" and type the amount you want to pay.
Use the drop down menu to choose which stablecoin you want to use to add margin. You don't have to pick the same token used to open the trade.\ Once you have set your parameters click the "Add" button.
# Removing margin from an open position There are two ways to remove margin from an open position: **1) From the chart** Grab the Liquidation line and move it to remove margin. \ If you're removing from a long trade, move the line up. \ If you're removing from short trade, move the line down.\ Removing margin from an open position will make your current leverage higher while your position size will remain the same.
**2) From the Edit modal** To remove margin from your position click on the "Edit " button. \ In the pop-up window select "Remove" and type the amount you want to remove.
Use the drop down menu to choose what stablecoin you want to receive after removing your margin. \ Once you have set your parameters click the "Remove". # Liquidation If you haven't set up a Stop Loss order, your trade will be liquidated if current PNL reaches -90%.\ **Please remember the Liquidation Price is dynamic as all open trades pay or receive funding fees.** When opening a trade the liquidation price is shown in the trading panel and on the chart.
After opening you can see your liquidation price in the chart as a yellow line and in the "My Open Positions" panel.
Liquidations are [performed by bots](/tigris/for-developers) that are paid with 0.01% of the position size. The closing fee is paid to stakers while the rest remains inside the StableVault to increase its collateralization levels. After a liquidation the NFT that represented the trade it's burned. # Binary Options Binary options allow the user to speculate on the short-term price action of an asset.
The trade has a fixed duration which can be set from a minimum of 4 minutes to a maximum of 4 hours. \ If the options closes in the money, the payout is 70% of the collateral. \ If the options closes out of the money, all the collateral is lost. There are no fees but a spread is applied to the opening price. All trades are executed instantly with guaranteed prices. When an option is opened, 5% of the collateral value is distributed to stakers: 3.5% to TIG stakers and 1.5% to tigUSD stakers.\ The collateral from a losing option remains inside the trading vault and raises its collateralization. Is possible to [refer](/tigris/referrals) traders to earn a percentage of their trading volume. # Trading Liquidity ## Liquidity Tokens Tigris's **Liquidity Tokens (LT)** are stablecoins pegged to a token and backed by it. \ They are redeemable 1:1 for the native asset in its respective Liquidity Vault, allowing for a perfectly stable peg. The tokens are aimed at always being very overcollateralized. Opening a trade on Tigris will automatically deposit the margin into the Liquidity Vault that supports it. When closing the position, the trader will be paid with the respective Liquidity Token. **Tigris currently features these Liquidity Vaults:**
ChainTokenLiquidity Token
ArbitrumUSDT - WETHtigUSD - tigETH
MeterMTRGtigMTRG
PolygonDAItigUSD
Depending on each Vault collateralization level, trading fees are distributed between Liquidity Tokens and TIG stakers as: * <100%: 70% of fees go to staked LT and 30% to staked TIG; * \>100%: 30% of fees go to staked LT and 70% to staked TIG. Liquidity Vaults act as counterparties to traders. Thus, negative PnL and liquidations help collateralize them, while positive PnL does the opposite. ## Swapping Users can swap any available Liquidity Token to/from a native token in a Liquidity Vault and receive the desired asset at a 1:1 ratio.

Example of Liquidity Vault

## **Providing Liquidity** Users can swap their native tokens for LTs and **stake** them in their respective vaults to provide liquidity. Staked Liquidity Tokens earn 30% of market orders trading fees and 27% of limit/stop orders trading fees. The other 3% is used to incentivize their executions and is paid to [execution bots](/tigris/for-developers). Trading fees are paid out in the same Liquidity Token, for example staked tigUSD earns tigUSD from both USDT and tigUSD trades. Fees are specific to each chain. Pending rewards can be claimed at any moment. Adding Liquidity Tokens to an existing stake will claim pending rewards. ### Autocompounding Stakers can unlock a higher APY by turning on autocompounding, a feature that automatically reinvests earned rewards into their staked holdings. Every time a trade is executed, rewards are distributed and the price of the autoLT token increases in proportion to the reward amount: ``` autoLT price = rewardAmount / autotLT supply ``` This price appreciation ensures that when stakers withdraw their funds, they receive an increased amount of tigusd compared to their original deposit. This is because the autoLT they have accumulated through compounding has gained value due to the rising price.\ \ On **Deposit**: ``` autoLT amount = tigUSD amount / autoLT price ``` **On Withdraw:** ``` tigUSD amount = autoLT amount * autoLT price ``` ### Withdrawing Staked Liquidity Tokens have a 7-day withdrawal period. LTs awaiting withdrawal don't earn rewards. Is possible to withdraw instantly by incurring a 10% penalty on the withdrawn amount. # Oracle ## The Most Innovative Oracle System ### What is a Distributed Signature-Based Oracle Network? Oracle nodes are connected to the [Pythnet](https://pyth.network) price feed. The asset prices and other related data is signed and broadcasted directly to Tigris users, which is used to place market orders. This data consists of: * Asset price * Spread * Timestamp * Node address * Market open/closed status * Oracle signature Upon placing a trade, price data and signature is included in the transaction input parameters, where the validity of the data and the signatures are verified on-chain.\ \ **What does this mean for traders?** * **Reliable prices.** The moment you click the 'Open Trade' button, the asset price is locked in. This means there is no slippage in price, **ever**. * **Instant order execution.** Unlike traditional oracle-callback solutions, which require at least two transactions (one to place an order, the other for settlement), all orders are executed instantly in only one transaction, so there is no need to wait for settlement at all. * The speed of the platform is only limited by the speed of the blockchain being used. ## Tigris order execution **Other protocols:** User places market order -> Order tx confirmed -> Keeper receives event (price stored here) -> Keeper executes order -> Order execution tx confirmed -> Position is opened **Tigris:** User sends signed order data to node off-chain -> Node places order on-chain (price stored here) -> Order tx confirmed -> Position is opened # TIG and Governance #### Tigris (TIG) is the protocol token that can be staked to receive trading fees and to vote on governance proposals. TIG stakers earn 70% of market orders trading fees and 63% of limit and stop orders trading fees. The other 7% is used to incentivize their executions and is paid [to execution bots](/tigris/for-developers). Profits from trading fees are paid out in real-time in TIGusd and tigETH and can be claimed through Tigris's website or by interacting with the staking contract directly. Stakers only earn the profits generated on the chain they are staking on. TIG is an Omnichain Fungible Token and can be bridged between chains Tigris is deployed on thanks to LayerZero. Staking grants Governance power but is also possible to lock TIG from 1 to 365 days to receive even more, calculated as: *amount + amount\*duration/maxduration* Voting is currently done on [Snapshot ](https://gov.tigris.trade/#/)with on-chain governance coming in the future. Discussions around upcoming and existing proposals happen in the official [Discord server](https://discord.gg/9YqkK29Qx2) in the Governance channel. The DAO is governed by both Gov NFTs and TIG holders (1 NFT has the voting power of 1300 TIG). ## Tokenomics Tigris migrated from a Governance NFT model to a Token model. More details [here](https://docs.tigris.trade/protocol/tig-and-governance/governance-nft).\ Previous Gov NFT owners can convert one NFT for 1300 TIG tokens. **TIG total supply is 2,000,000.** Distribution for the TGE (Token Generation Event) was:
TIG tokens% of total supply
Gov NFTs 787,80039.3%
Public Sale400,00020%
Whitelist Sale300,00015%
Team 218,30010.915%
Treasury193,9009.695%
Airdrops100,0005%
Total2,000,000100%
Out of 700,000 tokens available, the sales amounted to:
PriceSoldUnsoldRaised USDT
Whitelist Sale0.85 USDT269,67230.328229,221.2
Public Sale0.90 USDT99,321.83300.678.1789,389.64
Total368,993.83331,006.17318,610.84
Unsold tokens are currently in the Sale contract and will be sent to the Treasury. 102,948 TIG from the Treasury have been used for the first LP on Uniswap, paired with 100,000 USDT worth of ETH. \ The circulating supply can be checked on [Dune](https://dune.com/Henrystats/tigris-token). #### Final TIG distribution:
From Gov NFTsFrom TGETotal% of circ supply
Investors520,000 368,993.83888,993.8344,45%
Team141,700218,300360,00018%
Treasury126,100524,906.17651,006.1732.55%
Airdrops0100,000100,0005%
### Vesting Governance NFTs can be converted into TIG starting from July 1st. After the conversion they are linearly vested for 30 days. Team tokens are linearly vested for 6 months starting from the TGE.\ They will be staked and used to vote on Governance proposals. Treasury tokens are liquid and will be staked but not used to vote on Governance proposals. # Governance NFTs Tigris migrated from a Governance NFT model to a Token model on June 1st 2023. \ Before that the protocol was governed by 606 Gov NFTs, sold in batches to raise liquidity for the Vaults and to fund product development. This model had its perks but also its limitations so the [DAO decided](https://snapshot.org/#/tigrisdao.eth/proposal/0xf10afda8daf68bfcbc0aa039fc429f81f8d86c7339388dea8adea667fb78cc11) to switch to a more standard erc-20 token model. This was the Gov NFT distribution before token launch:
HoldersCirculating GOV NFTs% of circulating supply% of total NFT supply
Investors40066%4%
Team10918%1.09%
Treasury9716%0.97%
Total606100%6.06%
Since the migration, each Governance NFT can be converted into 1300 TIG tokens resulting into:
Holders Available TIG tokens% of total TIG supply
Investors520,00026%
Team141,7007.085%
Treasury126,1006.305%
Total787,80039.39%
Once a Governance NFT has been converted into TIG, it can't be retrieved.\ After the conversion the tokens are linearly vested for 30 days. These are the sales that happened during the Gov NFT phase:
DateChainQuantityPriceRaisedDestination
2 Sep 2022Polygon100600 DAI60k DAI100% StableVault
21 Sep 2022Polygon100600 DAI60k DAI100% StableVault
20 Oct 2022Arbitrum200650 USDT130k USDT120k StableVault
10k Treasury
# Multisig and Timelock Tigris is governed by the DAO but the Team actually executes its decisions and deploys smart contracts. The Team is composed of: * [GainsGoblin](https://twitter.com/22goooblin), developer and co-founder * [0xHaz](https://twitter.com/_0xhaz), developer and co-founder * [Telcontar](https://twitter.com/telcontardefi), bizdev and operations manager The Team controls the Multisig which contains all treasury funds and is governed by a 2/3 threshold. The MultiSig is a digital wallet that operates with multiple signatures. This means that all transactions must be approved and executed by at least 2 team members. Each network has its own MultiSig. Anyone can check and follow all funds moviments: * Arbitrum: [0xF416C2b41Fb6c592c9BA7cB6B2f985ed593A51d7](https://arbiscan.io/address/0xF416C2b41Fb6c592c9BA7cB6B2f985ed593A51d7) * Polygon: [0x4f7046f36B5D5282A94cB448eAdB3cdf9Ff2b051](https://polygonscan.com/address/0x4f7046f36B5D5282A94cB448eAdB3cdf9Ff2b051) * Meter is currently governed by one wallet, since [Safe](https://safe.global) is not supported on this network. As soon as is available, a new MultiSig will be deployed. ### Token ownership and Timelock TIG is currently deployed on Arbitrum, Polygon, Polygon zkEVM and Meter.\ The token contract contains a mint function but no addresses are set as minter. The ownership of the token belongs to each respective MultiSig, which is controlled by the team.\ Token ownership is needed in order to eventually deploy the token on more chains supported by LayerZero, as only the owner can set new bridgeable chains. To offer more protection while keeping management flexible for urgent deployments, a 3 days timelock has been set on TIG. \ The TimeLock is a contract that imposes a minimum waiting period before a transaction can be executed. Timelock contracts: * Arbitrum: [0x5f88fF475873502913b5345db7376862Ce5cb60E](https://arbiscan.io/address/0x5f88fF475873502913b5345db7376862Ce5cb60E) * Polygon: [0xc6d1ba6363fFe4FDdA9FFbEa8d91974De9775331](https://polygonscan.com/address/0xc6d1ba6363fFe4FDdA9FFbEa8d91974De9775331) * Polygon zkEVM: [0xCd563C354050b2EcA1C95feE25D18B1824177FD1]() # xTIG and trading rewards Every 24 hours, starting at midnight GMT, 100 TIG are distributed among traders proportional to the fees they generate . \ To incentivize the use of the new tigETH liquidity pool, transactions using WETH as collateral have twice the weight in the xTIG calculation. By trading, xTIG is automatically credited to the user. \ Earned balance is shown on the top right of the screen and it updates in real time.
By clicking on it, is possible to see the total stats for the trading day.
After the day has concluded, the tokens can be claimed in the form of xTIG. After claiming, a trader can either: * Unlock it immediately for a 50% penalty. * Wait the end of the day to unlock it and withdraw it as TIG. * Leave it as it is, since xTIG earns trading fees like staked TIG. Out of the total supply of 2 million TIG, 100,000 tokens have been reserved for volume mining.\ Trading rewards are live on Arbitrum with 100 TIG per day, which will be adjusted if needed. Another feature of xTIG is the possibility of adding extra rewards to it. This way, another project can sponsor one or multiple trading epochs on Tigris.
# Referrals You can create a referral code by clicking on the "Referral" tab. \ Type any combination of lowercase letters, numbers and underscores up to 16 characters and click on the "Create Link" button. The code will automatically work for all the chains Tigris is deployed on.\ Once you've created your code, it should look something like this: . \ \ Referral codes are divided into 4 tiers:
TiersEarnings requiredDiscountLev trading rebateOptions rebate
Tier 0010% of fees5% of fees0.225% of collateral
Tier 1$1,00010% 10% 0.45%
Tier 2$5,00010%12.5% 0.5625%
Tier 3Whitelist only10%15% 0.675%
Anyone can start earning rebates by creating as many Tier 0 codes as they want. \ The fees necessary to unlock the other tiers are added up by all the various codes created by a single wallet on the same chain. You can see the performance of your links in the "Referral" tab. Tiers 1 and 2 can be automatically unlocked by generating the required fees or by being whitelisted by the team.\ Tier 3 is reserved for projects and can only be unlocked by being manually whitelisted by the team. If you think your social media account fulfills the criteria for a higher tier or your project is looking for a [partnership](https://docs.tigris.trade/protocol/for-developers#tigris-is-built-to-be-built-upon), please reach out on [Discord](https://discord.gg/tigris), [Twitter](), or send an e-mail to . Rebates don't need to be claimed. Every time a trader opens a position using a referral code, the payout is sent out instantly. You can share your referral links freely. \ When a user clicks on your link, your referral code is stored with the user's wallet address. You will continue to earn fees even if the user uses another device later on, as the referral code is stored in the contract the first time the user makes a trade. # Roadmap 2024 roadmap: * [x] ETH as collateral * [x] Liquid LP staking * [ ] zkEVM deployment * [ ] Stocks * [ ] Copytrading * [ ] Trade NFT info * [ ] Diamond contract * [ ] crossmargin * [ ] trailing SL * [ ] OCO limit orders * [ ] partial TP/SL 2023 roadmap: * [x] Launch options * [x] Show oracle ping * [x] Full website overhaul * [x] More timeframes * [x] Options UI * [x] Options contracts * [x] Meter deployment * [x] Add sorting in all positions * [x] Show open position and orders in charts * [x] Notifications * [x] Add trading pairs * [x] xTIG * [x] TIG launch * [x] TIG staking UI * [x] TIG sale UI * [x] New referral model * [x] Chart trading * [x] Decentralized gasless - Gelato * [x] Personal tx log * [x] Chat/Twitter box * [x] Trader profile 2022 roadmap: * [x] Various UI improvements * [x] Audit * [x] Arbitrum deployment * [x] Polygon deployment * [x] Forex * [x] Execution bot made public * [x] tigUSD collateralization bot * [x] Desktop UI improvement for different resolutions * [x] Pyth integration * [x] More trading features * [x] tigUSD staking UI # For Developers ## Orders execution The order execution bot is public for anyone that wants to run it and earn rewards (binary options execution bot will soon be available). To run it, you need to create a .env file and type in the variables as shown in .env.example. \ You will need MATIC/ETH to pay for gas fees. \ For more info and help on how to run the bot check out the #bot-runners channel in our[ Discord server](https://discord.gg/9YqkK29Qx2). An execution bot can also be coded by anyone to earn rewards for executing specific orders for traders. executeLimitOrder() will reward you with 0.01% of the position size. \ limitClose() will reward you with 0.01% of the position size. \ liquidatePosition() will reward you with 0.01% of the position size. There is a maximum gas price variable to "randomize" which bot gets an order execution and thus prevent gas wars from happening. None of these functions require a callback, because the inputs contain PriceData and oracle signatures. To get valid price data, the bots need to connect to a Tigris oracle node. ## Tigris Is Built To Be Built Upon Tigris contracts support meta transactions, allowing off-chain apps to relay transactions on behalf of users. Tigris also makes life easier by supporting the `permit` function by inheriting ERC20Permit in the Tigris Stablecoin contract and supporting the function to be used in the StableVault and Trading contracts. Meta transactions should be sent to the deployed Forwarder contract. [EIP712](https://eips.ethereum.org/EIPS/eip-712).\ Plenty of opportunities for referrals :)\ \ Contracts that support meta transactions: * Trading contract * Open positions NFT contract * Governance NFT contract * StableVault contracts * Tigris stablecoin contracts ### Trading contract input guide These are the main input parameters for interacting with the Tigris trading contract: 1. TradeInfo struct 2. PriceData struct array 3. Signature bytes array 4. ERC20PermitData struct ``` struct TradeInfo { uint256 margin; Margin amount with 1e18 decimals. address marginAsset; Address of the asset used as margin. address stableVault; Address of the StableVault the margin asset will be deposited into. Only needed if marginAsset != tigAsset. uint256 leverage; Leverage used with 1e18 decimals. uint256 asset; ID of the asset being traded. Refer to PairsContract. bool direction; True for long, false for short. uint256 tpPrice; Take profit price with 1e18 decimals. uint256 slPrice; Stop loss price with 1e18 decimals. address referrer; Address of the referrer. } ``` ``` struct PriceData { This is the price data received from the oracle node. address provider; Address of the node providing the data. bool isClosed; True if market is closed, false if market is open. uint256 asset; ID of the asset being traded. Refer to PairsContract. uint256 price; Price of the asset being traded with 1e18 decimals. uint256 spread; Price spread percent with 1e10 precision. uint256 timestamp; Timestamp of when the price was provided. } ``` ``` bytes signature; Oracel node's signature. ``` ``` struct ERC20PermitData { uint256 deadline; Expiration deadline of the signature. uint256 amount; Amount being approved for spending. uint8 v; First byte of the signature as uint8. bytes32 r; Bytes 2-33 of the signature. bytes32 s; Bytes 34-65 of the signature. bool usePermit; True if permit is used, false if not. If false, the above parameters can be left empty. } ``` API to query historic oracle data: # Listed Pairs {% embed url="" fullWidth="false" %} # Contract Addresses {% content-ref url="/pages/itcvhpgJCgIWorWE6B8f" %} [Arbitrum](/tigris/contract-addresses/arbitrum) {% endcontent-ref %} {% content-ref url="/pages/kWC1veZC7MHnnLAs7zWK" %} [Meter](/tigris/contract-addresses/meter) {% endcontent-ref %} {% content-ref url="/pages/4JmnBah0VwX8WYbeVjI9" %} [Polygon](/tigris/contract-addresses/polygon) {% endcontent-ref %} # Arbitrum https\://arbiscan.io/ #### Mainnet: * TIG: [0x3A33473d7990a605a88ac72A78aD4EFC40a54ADB](https://arbiscan.io/address/0x3A33473d7990a605a88ac72A78aD4EFC40a54ADB) * tigETH: [0x763E061856b3e74a6C768a859DC2543A56D299d5](https://arbiscan.io/address/0x763e061856b3e74a6c768a859dc2543a56d299d5) * tigUSD: [0x7E491F53bF807f836E2dd6C4A4FBd193e1913EFd](https://arbiscan.io/address/0x7E491F53bF807f836E2dd6C4A4FBd193e1913EFd) * xTIG: [0xe1c41c487B2DefC8abCc4eD8B956adCDe3979d7c](https://arbiscan.io/address/0xe1c41c487B2DefC8abCc4eD8B956adCDe3979d7c) * Trading: [0xd89B4B1C8918150f137cc68E83E3876F9e309aB9](https://arbiscan.io/address/0xd89B4B1C8918150f137cc68E83E3876F9e309aB9) * TradingExt: [0x3C6D668B4276A48dAbA4B60cF9A7652AFfec8a40](https://arbiscan.io/address/0x3C6D668B4276A48dAbA4B60cF9A7652AFfec8a40) * TradingLibrary: [0xFd30d872B0eecBf0D12dDb957129ea8FF4d4BA3E](https://arbiscan.io/address/0xFd30d872B0eecBf0D12dDb957129ea8FF4d4BA3E) * Forwarder: [0xEC75cf9a18eF82Fa7F8F2A7afAf2521cD998D757](https://arbiscan.io/address/0xEC75cf9a18eF82Fa7F8F2A7afAf2521cD998D757) * Options: [0x8895b0B946b3d5bCd7D1E9E31DCfaeB51644922A](https://arbiscan.io/address/0x8895b0B946b3d5bCd7D1E9E31DCfaeB51644922A) * TradeNFT: [0x4E0bb7b156eb236260C18F98fB7f83F647F9C1Dd](https://arbiscan.io/address/0x4E0bb7b156eb236260C18F98fB7f83F647F9C1Dd) * Positions: [0x09D74999e5315044956ad15D5F2Aeb8d393E85eD](https://arbiscan.io/address/0x09d74999e5315044956ad15d5f2aeb8d393e85ed) * PairsContract: [0xB93e43C81CE6D23209932ff25E0953b1e4cd2043](https://arbiscan.io/address/0xB93e43C81CE6D23209932ff25E0953b1e4cd2043) * StableVault: [0xe82fcefbDD034500B5862B4827CAE5c117f6b921](https://arbiscan.io/address/0xe82fcefbDD034500B5862B4827CAE5c117f6b921) * LP Staking: [0x3beB134A890fdA0013366f2252b77A6ad595fffA](https://arbiscan.io/address/0x3beB134A890fdA0013366f2252b77A6ad595fffA) * TIG Staking: [0x6E8BFBb31A46D0F5502426050Ea28b19F8E761f4](https://arbiscan.io/address/0x6E8BFBb31A46D0F5502426050Ea28b19F8E761f4) * Referrals: [0x75C8C4913F35077e93C0c08C6Ea3B04F21F5cd9E](https://arbiscan.io/address/0x75c8c4913f35077e93c0c08c6ea3b04f21f5cd9e) * Team vesting: [0x97f1b43ed98587b2ab5a649aa63ecc28403282bc](https://arbiscan.io/address/0x97f1b43ed98587b2ab5a649aa63ecc28403282bc) * Timelock: [0x5f88fF475873502913b5345db7376862Ce5cb60E](https://arbiscan.io/address/0x5f88fF475873502913b5345db7376862Ce5cb60E) * Treasury: [0xF416C2b41Fb6c592c9BA7cB6B2f985ed593A51d7](https://arbiscan.io/address/0xf416c2b41fb6c592c9ba7cb6b2f985ed593a51d7) * TokenSale: [0x45F52502aF87e7e4E446BA15BDf223A19b47DA98](https://arbiscan.io/address/0x45F52502aF87e7e4E446BA15BDf223A19b47DA98) * GovNFT: [0x303c470c0e0342a1CCDd70b0a17a14b599FF1474](https://arbiscan.io/address/0x303c470c0e0342a1CCDd70b0a17a14b599FF1474) * NFTsale: [0x8Ad92Ba1B0F3d208Bbd9e4882fC9a07c00F81f42](https://arbiscan.io/address/0x8Ad92Ba1B0F3d208Bbd9e4882fC9a07c00F81f42) **Testnet:** * tigUSD: [0xfE7080BcD5E19cCE206Da4FE8D29816CeAff4a32](https://goerli.arbiscan.io/address/0xfE7080BcD5E19cCE206Da4FE8D29816CeAff4a32) * Trading: [0x75566105D6C07e1DF1d9d1E168E446fFA7A3ca79](https://goerli.arbiscan.io/address/0x75566105D6C07e1DF1d9d1E168E446fFA7A3ca79) * TradingExt: [0x3a31D73D5aCe5BE87ce08e543aA5C10222F95ed9](https://goerli.arbiscan.io/address/0x3a31D73D5aCe5BE87ce08e543aA5C10222F95ed9) * TradingLibrary: [0xbbEf8913408970cFd4E538d65378b3Ab1AC30A9B](https://goerli.arbiscan.io/address/0xbbEf8913408970cFd4E538d65378b3Ab1AC30A9B) * Positions: [0xca8DEDA5F2f358fE22e6631FfAa1FCA89dbd8a87](https://goerli.arbiscan.io/address/0xca8DEDA5F2f358fE22e6631FfAa1FCA89dbd8a87) * PairsContract: [0xeBaa07a6c55D208b9e4eE3De258E5973ae89C018](https://goerli.arbiscan.io/address/0xeBaa07a6c55D208b9e4eE3De258E5973ae89C018) * StableVault: [0x183414B0AE96Bf27558bE26E0F8B810BA854517D](https://goerli.arbiscan.io/address/0x183414B0AE96Bf27558bE26E0F8B810BA854517D) * Lock: [0xe329E949D1A9839a7cEeB0A390dDff234cf09408](https://goerli.arbiscan.io/address/0xe329E949D1A9839a7cEeB0A390dDff234cf09408) * Bond: [0x20a223B224C2EBEd3BBC87A20E5eCA0BcAff69f5](https://goerli.arbiscan.io/address/0x20a223B224C2EBEd3BBC87A20E5eCA0BcAff69f5) * Referrals: [0x156336d00b6f365FB8522886BCD74f3c015B50f5](https://goerli.arbiscan.io/address/0x156336d00b6f365FB8522886BCD74f3c015B50f5) * GovNFT: [0x29CD4C79Fa6E8ce048e00cA3555C332Ff5De593A](https://goerli.arbiscan.io/address/0x29CD4C79Fa6E8ce048e00cA3555C332Ff5De593A) * NFTsale: [0xd1bF71b53E32C089A26C3bFD880d9DdF08425636](https://goerli.arbiscan.io/address/0xd1bF71b53E32C089A26C3bFD880d9DdF08425636) # Blast #### Testnet: * TIG: [0xd70027FF5D1a68C6488cDFc9bD2115053306944F](https://testnet.blastscan.io/token/0xd70027FF5D1a68C6488cDFc9bD2115053306944F) * tigUSD: [0xCd563C354050b2EcA1C95feE25D18B1824177FD1 ](https://testnet.blastscan.io/address/0xCd563C354050b2EcA1C95feE25D18B1824177FD1) * xTIG: [0xe82fcefbDD034500B5862B4827CAE5c117f6b921](https://testnet.blastscan.io/token/0xe82fcefbDD034500B5862B4827CAE5c117f6b921) * Trading: [0x51F6ca1f76c940d60E56798b4ca06A14245E1C40](https://testnet.blastscan.io/address/0x51F6ca1f76c940d60E56798b4ca06A14245E1C40) * TradingExt [0xAc6C3cabB6306c24B6De470a7ae912d9837254b8](https://testnet.blastscan.io/address/0xAc6C3cabB6306c24B6De470a7ae912d9837254b8) * TradingLibrary: [0xe45438Eb97FD7C427b5A449ae94FF11d689b9210](https://testnet.blastscan.io/address/0xe45438Eb97FD7C427b5A449ae94FF11d689b9210) * Forwarder: [0xe17a2829F0C23c02E662c616081dCaD18dCbb7E4 ](https://testnet.blastscan.io/address/0xe17a2829F0C23c02E662c616081dCaD18dCbb7E4) * Positions: [0xfd265Eb518047B804b1B34a7afDaAa295B7A8156 ](https://testnet.blastscan.io/address/0xfd265Eb518047B804b1B34a7afDaAa295B7A8156) * Pairs: [0x6bEe8B65462e8c01F0263e46A8E99F21F21652F9 ](https://testnet.blastscan.io/address/0x6bEe8B65462e8c01F0263e46A8E99F21F21652F9) * USD Vault: [0x8D2Fbf5aF1fC455ca0428DffFc653ff0A95Ae9F8](https://testnet.blastscan.io/address/0x8D2Fbf5aF1fC455ca0428DffFc653ff0A95Ae9F8) * LP staking: [0xEC1C5262BAD30D7B61F456fe75AfB3Fa08899286 ](https://testnet.blastscan.io/address/0xEC1C5262BAD30D7B61F456fe75AfB3Fa08899286) * TIG staking: [0xD1A287A6BEF998bacD881Ba7533b20bB87ee7494 ](https://testnet.blastscan.io/address/0xD1A287A6BEF998bacD881Ba7533b20bB87ee7494) * Referrals: [0x1727FC1d930912FA075ff82741d9f50362350589 ](https://testnet.blastscan.io/address/0x1727FC1d930912FA075ff82741d9f50362350589) # Meter https\://scan.meter.io/ **Mainnet:** * TIG: [0xc797E9BB22D453Bc8ecdfe91E4548b39AbC6e0A7](https://scan.meter.io/address/0xc797e9bb22d453bc8ecdfe91e4548b39abc6e0a7) * tigMTRG: [0xE0Fb1Fd042428419E2A3D87B1F36DD7B9cC78d56](https://scan.meter.io/address/0xe0fb1fd042428419e2a3d87b1f36dd7b9cc78d56) * xTIG: [0x8987063e5F7c6aC3cA802e3B94391B1582181fA1](https://scan.meter.io/address/0x8987063e5f7c6ac3ca802e3b94391b1582181fa1) * Trading: [0xD1705f847b421b6C0bb31e649fBA1983257B77D3](https://scan.meter.io/address/0xd1705f847b421b6c0bb31e649fba1983257b77d3) * TradingExt: [0xfCEF1B1C8D146B27379C4E5c623086A60d3A6860](https://scan.meter.io/address/0xfcef1b1c8d146b27379c4e5c623086a60d3a6860) * TradingLibrary: [0xE05F22c20A5841AcB8058d2F1ee39E7488BbB0E0](https://scan.meter.io/address/0xe05f22c20a5841acb8058d2f1ee39e7488bbb0e0) * Forwarder: [0x71B3EdDD0628875C22ec49D8D1E0eEE20759945E](https://scan.meter.io/address/0x71b3eddd0628875c22ec49d8d1e0eee20759945e) * Options: [0xDa3662a982625e1f2649b0a1e571207C0D87B76E](https://scan.meter.io/address/0xda3662a982625e1f2649b0a1e571207c0d87b76e) * TradeNFT: [0xF3dC6FB10fA04486421a80b1729b9e325697D0f6](https://scan.meter.io/address/0xf3dc6fb10fa04486421a80b1729b9e325697d0f6) * Positions: [0x509C4854BEe2b099ba7fA9659134F67Fbf9672d3](https://scan.meter.io/address/0x509c4854bee2b099ba7fa9659134f67fbf9672d3) * Pairs: [0x2F3B2ba7D71b0e4da086076c5A1beC90CB982EC8](https://scan.meter.io/address/0x2f3b2ba7d71b0e4da086076c5a1bec90cb982ec8) * StableVault: [0x437DD3BAe43Ec7F831752dD732e60c8A98Fb981f](https://scan.meter.io/address/0x437dd3bae43ec7f831752dd732e60c8a98fb981f) * MTRG StableVault: [0xd417D7e0B2d795CAF96393bfdB22EB3D2E54534B](https://scan.meter.io/address/0xd417d7e0b2d795caf96393bfdb22eb3d2e54534b) * LP Staking: [0xA017513ea6bb79033d4e914B5a1346D1729202DA](https://scan.meter.io/address/0xa017513ea6bb79033d4e914b5a1346d1729202da) * TIG Staking: [0x07bcF31D1E059c7d6B1db8e308513949fC6AAB46](https://scan.meter.io/address/0x07bcf31d1e059c7d6b1db8e308513949fc6aab46) * Referrals: [0x6C2851177741a100a6279647c34f036A6E63B96b](https://scan.meter.io/address/0x6c2851177741a100a6279647c34f036a6e63b96b) # Polygon https\://polygonscan.com/ #### Mainnet: * TIG: [0x7157Fe7533f2fc77498755Cc253d79046c746560](https://polygonscan.com/address/0x7157Fe7533f2fc77498755Cc253d79046c746560) * tigUSD: [0x76973Ba2AFF24F87fFE41FDBfD15308dEBB8f7E8](https://polygonscan.com/address/0x76973Ba2AFF24F87fFE41FDBfD15308dEBB8f7E8) * xTIG: [0xF941293E521F494Ce9A53a6a288f723a6768f352](https://polygonscan.com/address/0xF941293E521F494Ce9A53a6a288f723a6768f352) * Trading: [0xA35eabB4be62Ed07E88c2aF73234fe7dD48a73D4](https://polygonscan.com/address/0xA35eabB4be62Ed07E88c2aF73234fe7dD48a73D4) * TradingExt: [0xfCEF1B1C8D146B27379C4E5c623086A60d3A6860](https://polygonscan.com/address/0xfCEF1B1C8D146B27379C4E5c623086A60d3A6860) * TradingLibrary: [0xAf58aEf6ece14f8f7Ddcb3109638A19b7098Ce70](https://polygonscan.com/address/0xAf58aEf6ece14f8f7Ddcb3109638A19b7098Ce70) * TradeNFT: [0x7B7ce91d7d69f49D86FCA80B034c6A103837CbB8](https://polygonscan.com/address/0x7B7ce91d7d69f49D86FCA80B034c6A103837CbB8) * Forwarder: [0x17eE6D3ec827863119698D125EFB3200B49e90c6](https://polygonscan.com/address/0x17eE6D3ec827863119698D125EFB3200B49e90c6.) * Options: [0x87e0df5aC8a657af9F1472995354A09a4F9C381a](https://polygonscan.com/address/0x87e0df5ac8a657af9f1472995354a09a4f9c381a) * Positions: [0xb60F2011d30b5b901d55a701C58f63aB34b4C23f](https://polygonscan.com/address/0xb60f2011d30b5b901d55a701c58f63ab34b4c23f) * PairsContract: [0xdEe683A3A201597DC5d3059E8d4694001cE37832](https://polygonscan.com/address/0xdEe683A3A201597DC5d3059E8d4694001cE37832) * StableVault: [0x3677415Dc23e49B7780ef46976F418F4a9d5031B](https://polygonscan.com/address/0x3677415Dc23e49B7780ef46976F418F4a9d5031B) * LP Staking: [0xc49f8eddbffc00499c2192db988dd404d4e79c74](https://polygonscan.com/address/0xc49f8eddbffc00499c2192db988dd404d4e79c74) * TIG Staking: [0xC6c32eD781450228dFadfa49A430d7868B110F44](https://polygonscan.com/address/0xC6c32eD781450228dFadfa49A430d7868B110F44) * Referrals: [0x07d0FB12215bF3A3169d0cC54fC4DB467D686489](https://polygonscan.com/address/0x07d0fb12215bf3a3169d0cc54fc4db467d686489) * Timelock: [0xc6d1ba6363fFe4FDdA9FFbEa8d91974De9775331](https://polygonscan.com/address/0xc6d1ba6363fFe4FDdA9FFbEa8d91974De9775331) * Treasury: [0x4f7046f36B5D5282A94cB448eAdB3cdf9Ff2b051](https://polygonscan.com/address/0x4f7046f36b5d5282a94cb448eadb3cdf9ff2b051) * GovNFT: [0x5DF98AA475D8815df7cd4fC4549B5c150e8505Be](https://polygonscan.com/address/0x5DF98AA475D8815df7cd4fC4549B5c150e8505Be) * NFTsale: [0x1727FC1d930912FA075ff82741d9f50362350589](https://polygonscan.com/address/0x1727fc1d930912fa075ff82741d9f50362350589) #### **zkEVM:** * TIG: [0xCd563C354050b2EcA1C95feE25D18B1824177FD1](https://zkevm.polygonscan.com/address/0xCd563C354050b2EcA1C95feE25D18B1824177FD1) * tigUSD: [0x8c807cddb6faadf96956353f70ea60d63fab69d5](https://zkevm.polygonscan.com/address/0x8c807cddb6faadf96956353f70ea60d63fab69d5) # Media Kit

Tigris Logo

xTIG Logo

Banner

Banner with logo

Collaboration banner

# Demo trading **Currently disabled.** You can try out the platform in demo mode with testnet tokens in order to test out your trading strategies with zero risk. In the top right of the screen use the drop down menu to select Arbitrum Goerli. If you're on you will already be connected to it.
You can obtain testnet tokens directly on the platform by opening the Faucet tab and clicking on Request Tokens.
After receiving the tokens go to the Trade interface and click on APPROVE DAI and APPROVE PROXY and confirm in your wallet for each.
Afer this you can now trade on Testnet and try out all the platform features.