Market Studio: How It Works
Onboarding Process
1. Proposal Submission
Reach out to initiate the process on Discord Channel.
Include: organization name and background, asset(s) or market categories of interest, brief rationale for proposed market(s).
2. Onboarding Call
We schedule an introductory call to discuss:
Asset details. The specific ticker(s) and underlying asset characteristics.
Revenue targets. Expected volume and fee generation goals.
Distribution strategy. How you plan to drive trading activity to the market.
Level of involvement. Your intended role in ongoing market promotion.
Data sources. Oracle requirements, price feed availability, proprietary data contributions.
3. Feasibility Assessment
Stratium evaluates proposed tickers in collaboration with oracle partners (assessing data feed availability and reliability) and market making partners (evaluating liquidity considerations and spread feasibility).
Assessment covers: technical feasibility, security considerations, oracle robustness, liquidity projections, and risk parameter configuration.
4. Auction & Deployment
Once a ticker is approved:
Stratium coordinates auction timing based on the 31-hour HIP-3 Dutch Auction cycle
Partner covers the auction cost in HYPE
Stratium executes the auction and handles deployment operations
Market configuration and launch preparation begins
Dutch Auction Mechanics
The first 3 assets deployed per deployer are auction-free. For additional tickers, deployers compete in a global auction:
Duration
31 hours
Minimum price
500 HYPE
Starting price
2x previous successful auction (or 500 HYPE if prior failed)
Frequency
One auction completes every 31 hours
The auction is shared across all HIP-3 deployers. Only one new ticker can be deployed every 31 hours (excluding free slots).
Timeline
Typical end-to-end process (initial contact to market launch): 2-6 weeks, depending on oracle infrastructure requirements, auction timing, and market configuration complexity.
Partner Requirements
Cover Dutch Auction costs (variable; minimum 500 HYPE)
Commit to driving volume through distribution channels
Provide relevant proprietary data or market intelligence
Maintain ongoing communication on market performance
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